Migros-Genossenschafts-Bund - Z.MGB- Profile

Migros-Genossenschafts-Bund(MGB). The Group's principal activity is to operate retail and wholesale Co-operative departmental stores. The products include electronics, books, sports equipment and cosmetics. The Group through its subsidiaries is also involved in the on-line trading of the same items, Internet banking and arranges for package tours. Globus Group is one of the retail store groups, which sell apparels for men & women, furnishing for homes, offices supplies and children's books. The Group has got a number of subsidiaries including Bischofszell Nahrungsmittel AG, Mibelle AG, Estavayer Lait SA, and others. Biggest sector includes food products, soft drinks, coffee and toiletries. Retailing accounted for 71% of 2005 revenues;Tourism, 9%; Fuels, 7%; Wholesale, 6%; Gastronomy, 4%; Other, 3%