Founded in Germany in 1949, today's Otto Group is now a worldwide trade and related services group that spans over 54.000 employees in three continents. The Otto Group is represented by 123 major companies in 19 countries in Europe, North America and Asia. Its business activity is based on the segments multi-channel retail trade, financial services, service and wholesale.
The "Federal President's summer party" on 6 July in the grounds of Bellevue Castle in Berlin ran under the motto "People – Ideas – Commitment". 3,000 representatives from the world of business, politics and non-profit organisations as well as citizens of outstanding merit were invited. For the first time this year, the sponsors of the party were given the opportunity to present themselves. The Otto Group demonstrated their global commitment to sustainability. The main topic presented by the global player was the innovative project "Cotton made in Africa", a new approach to fighting poverty and protecting the environment in Africa.
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