Ceconomy AG (CEC.DE) XETRA

4.43

-0.025(-0.56%)

Updated at December 05 08:00AM

Currency In EUR

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
Dr. Kai-Ulrich Deissner Ph.D.Chief Executive Officer & Chairman of Management Board1.29M1968
Mr. Michael WedellGlobal Director of Corporate Communications & Public Policy0N/A
Remko RijndersChief Financial Officer & Member of the Management Board01978
Ms. Fabienne CaronVice President of Investor Relations0N/A

Description

Ceconomy AG engages in the consumer electronics retail business. The company operates approximately 850 stores in 14 countries under the MediaMarkt brand; and approximately 170 stores in 3 countries under the Saturn brand. It also operates Flip4New for selling used electronic articles online. In addition, the company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand. It operates in Germany, Austria, Switzerland, and Hungary, as well as in Western, Southern, and Eastern Europe. The company is based in Düsseldorf, Germany.