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Monica Hodor, first Romanian manager of Praktiker stores, leaves company after nine years

Autor: Cristina Stoian

15.12.2010, 23:09 92

Monica Hodor, 43, left her position as interim general managerof Praktiker, the biggest DIY retailer, according to marketsources, after a year at the helm of the company.
Praktiker did not make any comment on the information.
Monica Hodor, the first Romanian general manager of PraktikerRomania, took over interim management of the company in the autumnof last year, keeping her position as financial manager. She isamong the first employees of the team to lay the foundations of theGerman chain on the Romanian market in 2002.
In the past two years German group Praktiker slowed downinternational expansion because of the economic crisis. In Romaniathis year's sales decline was one of the most abrupt.
After announcing an 18.8% sales decline in the first quarter of theyear against the similar period of 2009, and a 20.6% decline instores older than one year, Praktiker reported worse sales dynamicsin the third quarter than in the first half, revealing that the VATraise by five percent since July 1st had a major impact on itssales.

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