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Insolvency for the German Galeria Karstadt department store

The group has long faced significant financial difficulties

Redazione Ansa

(ANSA) - BELGRADE, APR 2 - A court in Essen, Germany, has initiated insolvency proceedings for the German department store group Galeria Karstadt Kaufhof, the agency DPA reported. The procedure began on April 1. The group has long faced significant financial difficulties. (ANSA).
   

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