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Turkish Praktiker company files for bankruptcy

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Published in issue 9/2013
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In a first restructuring step for its loss-making foreign business, the German DIY-superstore concern Praktiker AG, Kirkel, terminated payments to the Turkey-based company Praktiker Yapi Marketleri A.S., Istanbul, which operates nine DIY superstores in Turkey. As a result, the Turkish company filed for the institution ...

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