Metro Group

Makro Portugal Agrees 10-Year Renewable Energy Contract

Makro Portugal has agreed a 10-year contract of electricity supply from renewable energies, with the Spanish construction and infrastructure provider Accio...

Germany's Ceconomy to Swap Russian Business For M.video Stake

German consumer electronics retailer Ceconomy has agreed to swap its Russian business and cash for a 15% stake in M.video, a unit of Russia's Safmar, it sa...

Metro Group Lowers Outlook On Weak Russia Business

Germany's Metro Group has lowered its earnings outlook for its 2017/18 financial year, citing poor performance at its Russian operations, sending its share...

Metro Wholesale & Food Specialist Undergoes Name Change

Germany's Metro Wholesale & Food Specialist AG has changed its name to Metro AG, effective as of 18 August 2017. This move follows Metro Group's...

Metro Group Completes Demerger, Stocks Listed From Thursday

German retailer Metro Group has announced that it has completed its demerger to create a wholesale and food specialist with the brand name Metro, and a con...

Metro Changes Top Management In Serbia And Croatia

Metro Group has announced a number of management changes at two of its Eastern European businesses. Kristina Johansson (pictured) has taken over as the...

S&P Confirms Rating Of 'BBB-/A-3' For Future Metro Business

Ahead of the demerger of Metro AG into two businesses, Metro Group and Ceconomy, ratings agency Standard & Poor's has confirmed an investment-grade...

Metro Group To Proceed With Demerger Next Month

German retailer Metro Group has announced that it is planning to implement its demerger next month, in order to create 'two strong, successful, and strateg...