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<strong>METRO</strong> GROUP : ANNUAL REPORT 2011 : BUSINESS<br />

→ GROUP MANAGEMENT REPORT : 1. GROUP sTRUcTURE<br />

604<br />

1. <strong>Group</strong> structure<br />

MeTRo GRoUp’s corporate structure is characterised by<br />

a clear division of responsibilities. The Company is headed<br />

by MeTRo aG. as a central management holding company, it<br />

oversees <strong>Group</strong> management functions, including, in par -<br />

ti cular, Finance, Controlling and Compliance. In addition,<br />

MeTRo aG oversees the management and administrative<br />

functions of our largest sales division, Metro Cash & Carry.<br />

The <strong>Group</strong>’s operating business is handled by our four sales<br />

divisions. With the exception of Metro Cash & Carry, they have<br />

their own head offices. In some cases, the sales divisions<br />

operate in the market with several sales brands, depending<br />

on the respective strategy and specific competitive environment.<br />

The <strong>Group</strong>’s cash & carry business is bundled in Metro<br />

Cash & Carry, hypermarkets in Real, consumer electronics<br />

Overview of <strong>METRO</strong> gROUP<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 />

Redcoon<br />

→ p. 090<br />

retailing in Media-saturn and department stores in Galeria<br />

Kaufhof. all sales divisions have undivided responsibility for<br />

their entire supply chain – from procurement through logistics<br />

to stationary and online sales.<br />

as of 1 october 2011, we have bundled the real estate capabilities,<br />

structures and functions of MeTRo <strong>Group</strong> asset<br />

Management and our Metro Cash & Carry sales division in a<br />

company called MeTRo pRopeRTIes which now oversees<br />

our Company’s real estate portfolio in 30 countries. This<br />

company continues to act as an independent profit centre and<br />

is shown as a separate segment.<br />

service companies support all MeTRo GRoUp sales divisions<br />

with services in such areas as procurement, information technology<br />

and logistics. Together with MeTRo aG as a strategic<br />

management holding company, they are recognised under<br />

“others” in the segment reporting.<br />

Galeria Kaufhof Real Estate

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