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Vobis completes renovation

Vobis completes renovation

After two-digit million losses, Vobis AG has closed almost half of its original 260 branches in recent years. 'The renovation is complete,' said CEO Jürgen Rakow on Monday in Munich.

Want to go to the 136 existing branches Vobis will open 18 new ones next year, and the number of employees is to be increased by over 100 from 1050. Although the figures are still in the red this year, they want to make a profit again next year. As in the previous year, they want to stabilize sales at around DM 1.1 billion, and the loss had already been reduced to 19.7 million last year. In order to further establish itself on the market, Vobis has secured the worldwide rights of the 'Yakumo' brand, under this label they also want to sell notebooks, in contrast to the 'highscreen' label they can also be offered worldwide, which is also interesting for investors be.