METRO GROUP prepares emergency aid for Japan

15 March 2011

Food and Equipment for crisis region

In view of the dramatic situation in Japan, German based METRO GROUP is preparing emergency aid in kind for a total value equivalent to over € 500,000. In a concerted effort, the Asian subsidiaries of Metro Cash & Carry and Media Markt China and the sourcing subsidiary MGB Hong Kong are supplying urgently needed food and consumer products. These products are intended to provide quick relief to those in need in the regions affected by earthquakes and the tsunami.

"The dimension of the catastrophe in Japan is beyond imagination”, said Dr Eckhard Cordes, CEO of METRO GROUP in Düsseldorf on Tuesday. "We are in constant contact with our colleagues and friends of Metro Cash & Carry Japan and sincerely hope that this crisis is settled, soon. In this situation, we try to help as far we can and as practically as possible. Our teams are working on an emergency aid package comprising food and necessary equipment."

In total, the emergency aid provided is equivalent to a value of more than half a million euro which was approved by the company’s Board of Management. In particular, people in the disaster areas need basic food products and potable water which Metro Cash & Carry sources via the domestic market in Japan. Sister operations in China, India, Pakistan and Vietnam as well as Media Markt China and MGB Hong Kong supply goods such as clothes, blankets and tableware. These goods are to be delivered into the crisis region in north eastern Japan over the next few days. Frans Muller, responsible Board Member for Asia underlined: "we are mobilising our entire Asian organisation to get the supplies to where they are needed as soon as possible."

METRO GROUP has been represented in Japan with its wholesale subsidiary Metro Cash & Carry since 2002 and operates nine stores in the Greater Tokyo Area. The wholesale stores were closed immediately after the earthquake but on the following day they were already able to re-open. No injuries to personnel were reported.

METRO GROUP is one of the largest and most international retailing companies. In 2010 the Group reached sales of around € 67 billion. The company has a headcount of some 290,000 employees and operates more than 2,100 stores in 33 countries. The Group's performance is based on the strength of its sales brands which operate independently in their respective market segment: Metro/Makro Cash & Carry – the international leader in self-service wholesale, Real hypermarkets, Media Markt and Saturn – European market leader in consumer electronics retailing, and Galeria Kaufhof department stores.