German hardware and building materials industry faces big reshuffle
Household Automatic Balanced Door is the new Automatic Door type developed by Ningbo Gdoor automatic door R&D group. The operating mode of Household Balanced Door is totally different from Automatic Sliding Doors. Household balanced door operator drives two door leaves till door leaves keep parallel with walls, which enhances space and achieve optimization. Imported door hardwares and self-developed balance door spare parts are installed on the household balanced door operator. Automatic Balanced Door for household is suitable for study,parlor room, etc.. Household Automatic Balanced Door Household Automatic Balanced Door,Household Balanced Door,Automatic Doors,Household Automatic Door Ningbo Gdoor System Control Technology Co., Ltd. , http://www.gdoor-cn.com
At present, Max Bahr company has been insolvent to the German Hamburg Court Registry company, experts believe that this move can allow the chain to avoid the fate of failure.
In recent years, Max Bahr has been regarded as the safest branch within the Praktiker system, and its management also hopes that the collapse of the parent company will eventually bring more business to the subsidiary company. It is understood that Praktiker, one of Germany’s three largest building materials companies, has 18,000 employees and annual sales of 3 billion euros. The group is headquartered in Hamburg, Germany and has 4,304 supermarkets under construction.
Industry insiders believe that the economic crisis that has lasted for years in Europe has caused the German building materials market to already brewing this huge change. The collapse of Praktiker and the collapse of Max Bahr all reflect that the German and European home building materials market is undergoing a painful reshuffle. This is also the inevitable result of the market after the European debt crisis lasted for many years.