Ceconomy AG (CEC.DE) XETRA

Currency In EUR

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Ceconomy AG

Address

Kaistrasse 3

Düsseldorf, 40221

Germany

Phone

49 211 5408 7000

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

40990

First IPO Date

February 27, 1998

Key Executives

NameTitlePayYear Born
Kai-Ulrich DeissnerChief Executive Officer & Chairman of Management Board1.95M1968
Remko RijndersChief Financial Officer & Member of the Management Board5.61M1978
Michael WedellGlobal Director of Corporation Communications & Public Policy0N/A
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Description

Ceconomy AG specializes in the retail of consumer electronics. The company manages an extensive network of physical stores, including roughly 850 MediaMarkt locations across 14 nations and approximately 170 Saturn outlets in 3 countries. In addition to its brick-and-mortar presence, it operates Flip4New, an online platform dedicated to the sale of pre-owned electronic goods. Ceconomy also offers professional in-home assistance for the setup, connection, and troubleshooting of electronic devices through its Deutsche Technikberatung brand. Its operations are concentrated in Germany, Austria, Switzerland, and Hungary, with a broader reach across Western, Southern, and Eastern European territories. The corporate headquarters are situated in Düsseldorf, Germany.

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