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«Mega» is negotiating for the sale of affiliates Rami Levi

On the verge of bankruptcy a trading network «Mega» is in talks to sell 22 of its branches network You the owner of a trading network «Sivuk and Shikma» Rami Levi.

On the eve of the «Mega» has published the financial report for the third quarter, which recorded a drop in revenue by 38%, including a drop of 16% of revenues in the branches who worked in the third quarter of 2014.

Operating profit decreased from 26% to 22%, while total losses increased from 62 to 68 million NIS.

Recall that the company is in the process of restructuring and rehabilitation, in the framework of which provides for the sale of 32 of unprofitable branches and the dismissal of 1,000 employees, including the downsizing of office workers by 30%.




«Mega» is negotiating for the sale of affiliates Rami Levi 02.12.2015

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