The purchasing association Einrichtungspartnerring VME achieved a net profit of EUR 10.07 million in 2019 (2018: EUR 9.87 million) with a centrally regulated turnover of EUR 1.28 billion (2018: EUR 1.25 billion). "This is a very good result after a furniture year with ups and downs," Managing Director Frank Stratmann said at the shareholders' meeting. Founded in 1964, the group currently has around 200 member companies with a total of more than 400 furniture stores, specialist or cash-and-carry markets in Germany, Austria, Switzerland, Italy, Luxembourg, Belgium and the Netherlands.
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