09.11.2012 Views

pdf (2.5 MB) - METRO Group

pdf (2.5 MB) - METRO Group

pdf (2.5 MB) - METRO Group

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!