The Group
The Group
The Group
Members all over the world
Euronics is one of the largest retail group in the world, operating in the majority of EMEA and CIS key markets via an extensive network of physical and virtual outlets under both the Euronics global brand and a variety of strong national historical brands. Since its incorporation, Euronics has enjoyed continuous growth year-on-year, even during periods of international economic stagnation.

Europe

Asia

Middle East & North Africa
Members all over the world
Euronics is one of the largest retail group in the world, operating in the majority of EMEA and CIS key markets via an extensive network of physical and virtual outlets under both the Euronics global brand and a variety of strong national historical brands. Since its incorporation, Euronics has enjoyed continuous growth year-on-year, even during periods of international economic stagnation.

Europe

Asia

Middle East & North Africa
Members all over the world
Euronics is one of the largest retail group in the world, operating in the majority of EMEA and CIS key markets via an extensive network of physical and virtual outlets under both the Euronics global brand and a variety of strong national historical brands. Since its incorporation, Euronics has enjoyed continuous growth year-on-year, even during periods of international economic stagnation.

Europe

Asia

Middle East & North Africa

The Group
Euronics is an international group of national retailers operating across the EMEA and CIS regions bringing innovative electrical products to consumers via an omni-channel approach. Our Group was founded in 1990 by 5 entrepreneurs who recognized that delivering the right products and services within the consumer electronics market would change dramatically and foresaw the need to create synergies in order to provide outstanding support with the most pioneering products to consumers. Mr Marcel Vloemans, one of the founding fathers of the Euronics organisation articulates our dynamic perfectly: “In any given moment we have two options, to step back into safety, or to step forward into growth”.

The Group
Euronics is an international group of national retailers operating across the EMEA and CIS regions bringing innovative electrical products to consumers via an omni-channel approach. Our Group was founded in 1990 by 5 entrepreneurs who recognized that delivering the right products and services within the consumer electronics market would change dramatically and foresaw the need to create synergies in order to provide outstanding support with the most pioneering products to consumers. Mr Marcel Vloemans, one of the founding fathers of the Euronics organisation articulates our dynamic perfectly: “In any given moment we have two options, to step back into safety, or to step forward into growth”.

The Group
Euronics is an international group of national retailers operating across the EMEA and CIS regions bringing innovative electrical products to consumers via an omni-channel approach. Our Group was founded in 1990 by 5 entrepreneurs who recognized that delivering the right products and services within the consumer electronics market would change dramatically and foresaw the need to create synergies in order to provide outstanding support with the most pioneering products to consumers. Mr Marcel Vloemans, one of the founding fathers of the Euronics organisation articulates our dynamic perfectly: “In any given moment we have two options, to step back into safety, or to step forward into growth”.

The Structure
Euronics is created under a GEIE structure – European group of economic interests (“Groupement européen d'intérêt économique“). This ensures the independence of its national retail organisations, with decentralized liability while enabling them to cooperate across boarders and leverage consolidated resources. Daily governance is performed by a Board of Managing Directors including the representatives of the 4 largest retailers in the group, and 4 elected retailers, all mandated for 3 years. A central office mandated by the Board serves to coordinate and execute international operations in consultation with a number of key committees, in which our national retail organisations have direct influence on and involvement with the strategy of the Group.

The Structure
Euronics is created under a GEIE structure – European group of economic interests (“Groupement européen d'intérêt économique“). This ensures the independence of its national retail organisations, with decentralized liability while enabling them to cooperate across boarders and leverage consolidated resources. Daily governance is performed by a Board of Managing Directors including the representatives of the 4 largest retailers in the group, and 4 elected retailers, all mandated for 3 years. A central office mandated by the Board serves to coordinate and execute international operations in consultation with a number of key committees, in which our national retail organisations have direct influence on and involvement with the strategy of the Group.

The Structure
Euronics is created under a GEIE structure – European group of economic interests (“Groupement européen d'intérêt économique“). This ensures the independence of its national retail organisations, with decentralized liability while enabling them to cooperate across boarders and leverage consolidated resources. Daily governance is performed by a Board of Managing Directors including the representatives of the 4 largest retailers in the group, and 4 elected retailers, all mandated for 3 years. A central office mandated by the Board serves to coordinate and execute international operations in consultation with a number of key committees, in which our national retail organisations have direct influence on and involvement with the strategy of the Group.
Key figures
Retail Organisation
Countries Represented
National Stores
Turnover development, Billion $
Euronics International, the leading retail groups in consumer electronics and home appliances,
10.8
2006
12.6
2007
14.4
2008
14.1
2009
15.1
2010
16.2
2011
17.6
2012
17.6
2013
18.2
2014
19
2015
18.8
2016
19.1
2017
19.7
2018
19.7
2019
21.5
2020
22.9
2021
23.1
2022
23.3
2023
Key figures
Retail Organisation
Countries Represented
National Stores
Turnover development, Billion $
Euronics International, the leading retail groups in consumer electronics and home appliances,
10.8
2006
12.6
2007
14.4
2008
14.1
2009
15.1
2010
16.2
2011
17.6
2012
17.6
2013
18.2
2014
19
2015
18.8
2016
19.1
2017
19.7
2018
19.7
2019
21.5
2020
22.9
2021
23.1
2022
23.3
2023
Key figures
Turnover development, Billion $
Euronics International, the leading retail groups in consumer electronics and home appliances,
10.8
2006
12.6
2007
14.4
2008
14.1
2009
15.1
2010
16.2
2011
17.6
2012
17.6
2013
18.2
2014
19
2015
18.8
2016
19.1
2017
19.7
2018
19.7
2019
21.5
2020
22.9
2021
23.1
2022
23.3
2023
Retail Organisation
Countries Represented
National Stores
Business Strategy
Euronics delivers a tailored domestic market approach supported by international expertise and cooperation with the leading global electronic brands. By leveraging the expertise we hold in-house across our extensive territory, Euronics is able to comprehensively fulfill consumer needs and therefore lead the continuous evolution of the electronic retail marketplace. Our aim is to bring the newest technology to consumers through both our state of the art retail locations as well as via our connected web portals in order to provide full accessibility and 360° solutions and services. Consumer habits have shifted with the advent of complete internet coverage, where real time information is available everywhere simultaneously. At Euronics we believe in offering our consumers the choice whether to acquire their products and services online, or whether they prefer to experience them directly in our stores. Above all, we believe in focusing on the needs of the consumer and supporting these with the best service possible, whether this is online or in store.


Business Strategy
Euronics delivers a tailored domestic market approach supported by international expertise and cooperation with the leading global electronic brands. By leveraging the expertise we hold in-house across our extensive territory, Euronics is able to comprehensively fulfill consumer needs and therefore lead the continuous evolution of the electronic retail marketplace. Our aim is to bring the newest technology to consumers through both our state of the art retail locations as well as via our connected web portals in order to provide full accessibility and 360° solutions and services. Consumer habits have shifted with the advent of complete internet coverage, where real time information is available everywhere simultaneously. At Euronics we believe in offering our consumers the choice whether to acquire their products and services online, or whether they prefer to experience them directly in our stores. Above all, we believe in focusing on the needs of the consumer and supporting these with the best service possible, whether this is online or in store.


Business Strategy
Euronics delivers a tailored domestic market approach supported by international expertise and cooperation with the leading global electronic brands. By leveraging the expertise we hold in-house across our extensive territory, Euronics is able to comprehensively fulfill consumer needs and therefore lead the continuous evolution of the electronic retail marketplace. Our aim is to bring the newest technology to consumers through both our state of the art retail locations as well as via our connected web portals in order to provide full accessibility and 360° solutions and services. Consumer habits have shifted with the advent of complete internet coverage, where real time information is available everywhere simultaneously. At Euronics we believe in offering our consumers the choice whether to acquire their products and services online, or whether they prefer to experience them directly in our stores. Above all, we believe in focusing on the needs of the consumer and supporting these with the best service possible, whether this is online or in store.



Environment
Euronics takes its responsibility and respect for the environment very seriously. In addition to running our operations as sustainably as possible, we help our customers to be friendly to the environment too. We take back their old equipment and appliances and ensure they are disposed of with as much recycling and as little impact on the environment as possible. We advise our customers on energy-saving techniques and offer the latest, ‘greenest’ technologies to reduce electricity and water consumption. We also work with our suppliers to minimise packaging.

Environment
Euronics takes its responsibility and respect for the environment very seriously. In addition to running our operations as sustainably as possible, we help our customers to be friendly to the environment too. We take back their old equipment and appliances and ensure they are disposed of with as much recycling and as little impact on the environment as possible. We advise our customers on energy-saving techniques and offer the latest, ‘greenest’ technologies to reduce electricity and water consumption. We also work with our suppliers to minimise packaging.

Environment
Euronics takes its responsibility and respect for the environment very seriously. In addition to running our operations as sustainably as possible, we help our customers to be friendly to the environment too. We take back their old equipment and appliances and ensure they are disposed of with as much recycling and as little impact on the environment as possible. We advise our customers on energy-saving techniques and offer the latest, ‘greenest’ technologies to reduce electricity and water consumption. We also work with our suppliers to minimise packaging.