pdf (2.5 MB) - METRO Group
pdf (2.5 MB) - METRO Group
pdf (2.5 MB) - METRO Group
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<strong>METRO</strong> GROUP : ANNUAL REPORT 2010 : BUSINESS<br />
→ GROUP MANAGEMENT REPORT : 1. GROUP STRUCTURE<br />
1. <strong>Group</strong> structure<br />
<strong>METRO</strong> GROUP continued to make adjustments to its <strong>Group</strong><br />
structure in conjunction with Shape 2012 during the reporting<br />
year. The Company continues to be headed by <strong>METRO</strong> AG<br />
based in düsseldorf. As a strategic management holding<br />
company, <strong>METRO</strong> AG manages, among other things, the<br />
<strong>Group</strong>-wide Finance, Controlling and Compliance functions.<br />
In addition, it oversees the management and administrative<br />
functions of Metro Cash & Carry, which were integrated into<br />
<strong>METRO</strong> AG effective 1 July 2010.<br />
The <strong>Group</strong>’s operating business is handled by its four sales<br />
divisions, Metro Cash & Carry, Real, Media Markt and Saturn<br />
as well as Galeria Kaufhof, which in some cases operate in<br />
Overview of <strong>METRO</strong> GROUP and its segments<br />
Metro Cash & Carry<br />
Makro Cash & Carry<br />
Real<br />
<strong>METRO</strong> GROUP<br />
<strong>METRO</strong> AG<br />
Media Markt<br />
Saturn<br />
→ p. 072<br />
the market with several sales brands. They have undivided<br />
responsibility for their entire supply chain – from procurement<br />
through logistics to sales. The division of Metro<br />
Cash & Carry into two business units, Europe/MENA (Middle<br />
East and northern Africa) and Asia/CIS (Commonwealth of<br />
Independent States)/New Markets, represents a key component<br />
of the new <strong>Group</strong> structure.<br />
<strong>METRO</strong> GROUP’s real estate portfolio is managed by<br />
<strong>METRO</strong> <strong>Group</strong> Asset Management, which acts as an independent<br />
profit centre and adopted a new, decentralised structure<br />
during the reporting year: effective 1 december 2010,<br />
real estate management was divided into seven regions.<br />
Service companies offer overarching support services to all<br />
<strong>METRO</strong> GROUP segments.<br />
Galeria Kaufhof Real Estate