Ceconomy AG - Company Profile
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Ceconomy AG (Ceconomy) is a retailer of consumer electronics. The company provides platforms for companies, brands, and concepts in the consumer electronics industry. It provides music streaming, advertising, online stores, live shopping, and shopping portal services. Ceconomy also provides installation, maintenance, repair, and assembly services for electronic appliances. The company operates its retail business under the banners MediaMarkt, and Saturn. It sells products through physical stores, e-commerce platforms, and mobile apps. The company has operations in Hungary, the Netherlands, Portugal, Spain, Switzerland, Belgium, Greece, Italy, Germany, Austria, Poland, Sweden, Luxembourg, and Turkey. Ceconomy is headquartered in Dusseldorf, North Rhine-Westphalia, Germany.
Ceconomy AG premium industry data and analytics
Products and Services
Products | Services |
---|---|
Consumer Electronics | Online Music Streaming Service |
Digital Platforms | |
Advertising | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In April, MediaMarktSaturn entered into an agreement with Fnac Darty to sell Portuguese operations. |
2023 | Plans/Strategy | In February, the company announced its plans to sell 24% stake in Fnac Darty to Daniel Kretinsky. |
2022 | Acquisitions/Mergers/Takeovers | In May, the company acquired remaining stake in Media-Saturn-Holding (MSH). |
Competitor Comparison
Key Parameters | Ceconomy AG | Amazon.com Inc | Carrefour SA | Best Buy Co Inc | Currys plc |
---|---|---|---|---|---|
Headquarters | Germany | United States of America | France | United States of America | United Kingdom |
City | Duesseldorf | Seattle | Paris | Richfield | London |
State/Province | Nordrhein-Westfalen | Washington | Ile-de-France | Minnesota | England |
No. of Employees | 41,365 | 1,521,000 | 305,309 | 85,000 | 28,174 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Karsten Wildberger | Director - Labour; Chief Executive Officer | Senior Management | 2021 | 54 |
Kai-Ulrich Deissner | Chief Financial Officer | Senior Management | 2023 | 55 |
Thomas Dannenfeldt | Chairman | Non Executive Board | 2021 | 57 |
Erich Schuhmacher | Director | Non Executive Board | 2023 | 56 |
Sylvia Woelke | Deputy Chairman | Non Executive Board | 2018 | 45 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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