Reitangruppen is more solid than ever. Total turnover in 2015 was 85.6 billion NOK, an increase of 4 billion from 2014. ”Thanks to talented people with strong values and aspirations… Read more »
Swedish food giant Axfood has found the replacer to Odd Reitan in the Board: Siba and Netonnet-owner and profile Fabian Bengtsson. As a new Chairman, the Nominating Committee proposes the CEO… Read more »
Norwegian Reitan group, the second largest shareholder in Swedish Axfood, is about to divest its 15.6 percent holding – and Odd Reitan denies re-election to the Board. ”A sale increases financial… Read more »
Reitan Group says they might be the largest convenience store operator in Europe within a few years. Right now they are a billion EUR behind Shell as number two.
Net income for 2014 shows that Reitangruppen is more solid than ever. Totalomsetningen was 82 billion NOK, an increase of 5 billion from 2013. The last ten years Reitangruppen tripled the operating… Read more »
Sweden is the only Nordic country with the weakest discount wave in the food trade. But Rema 1000, available in both Norway and Denmark with great success, has no plans to test the market…. Read more »
The family Reitan’s relative Bernt Østhus won the first round of the 400-million fight. Now he warns everyone from doing business with them. “They have a business ethic that makes them… Read more »
Everyone was happy after Coop’s purchase of ICA Norway. Even REMA 1000-CEO Ole Robert Reitan. But, according to Norwegian media, he tried to make Bunnpris buy ICA through international investors.
Reitan Group was close to a new profit record in Q2. ”The numbers would have been even better without fun and party”, says Odd Reitan.