bauMax

The Baumax AG (own spelling bauMax ) is an Austrian DIY chain, which operates in nine countries. It was founded in 1976 by Karlheinz Essl in Klosterneuburg senior and started its first store in the Styrian Kindberg ..

Background

Baumax currently operates 158 stores in nine countries, 65 of them in Austria .. The annual turnover in 2012 amounted to 1.47 billion euros.

Since 1999, Martin Essl, the son of Karlheinz Essl senior, CEO of Baumax. He retires in March 2014 to the Supervisory Board back. Michael Hürter, MBA assumes the position of CEO. In 2007, the family bought back a share of 12 % of SPAR. This bauMax is back to 100 % by the Essl family

In 2012 Baumax announces that he intends to offer in cooperation with the prefabricated house manufacturer Elk homes with a low price per square meter, in which the buyer can perform mainly the installation part itself.

In financial turmoil, the company came in 2011 and 2012. During consolidations, increase the capital in which both the Essl family as well as the banks, the stores are to be made ​​more lucrative or if necessary be closed primarily in Eastern Europe.

Baumax in Europe

Since 1992 Baumax in Hungary and the Czech Republic operates since 1994 in Slovakia, 1995 following the market entry in Slovenia, 1999, establishing the purchasing cooperative tooMaxx together with REWE, 2000, the market entry in Croatia, in Romania in 2006, in 2008 in Bulgaria and 2010 in the Turkey.

Source: Company website