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Metro AG

Metro AG
Company nameMetro AG
Company typeAktiengesellschaft
Founded1964; Metro AG formed in 1996
Area servedEurope, Asia, Africa
Key peopleEckhard Cordes (CEO and Chairman of the executive board), Jürgen Kluge (Chairman of the supervisory board), Olaf Koch (CFO)
ServicesSupermarkets, hypermarkets, consumer electronics and appliance retail, department stores
Revenue-67.26 billion (2010)
Operating income-2.211 billion (2010)
Net income-850 million (2010)
Total assets-35.07 billion (end 2010)
Total equity-6.460 billion (end 2010)
Employees283,280 (average, 2010)
DivisionsMetro Cash and Carry, Real, Media Markt, Saturn, Galeria Kaufhof

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Metro AG is a diversified retail and wholesale/cash and carry group based in Düsseldorf, Germany. It has the largest market share in its home market, and is one of the most globalised retail and wholesale corporations. It is the fourth-largest retailer in the world measured by revenues (after Wal-Mart, Carrefour and Tesco). In English it often refers to itself as Metro Group. It was established in 1964 by Otto Beisheim.

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