Euronics
Euronics International Ltd. is an international association of over 11,000 independent electrical retailers in 37 countries. It functions as a leading international electrical retail group on behalf of its members, and is based in Amsterdam. It Operates as a European Economic Interest Grouping entity meaning that all stores are independent sellers.
History
Euronics International was founded in 1990 by five national groups from Germany, Italy, Spain, Belgium and the Netherlands. The groups realized at the time that they had to react to the structural changes brought about by globalization order to remain competitive. At the same time they would preserve the advantages of specialising in the trade of mainly electronics by maintaining qualified employees, specialist knowledge and personal customer service.The five groups formed an EEIG in order to have the flexibility of having separate businesses, as well as each business having local knowledge of their area, but the buying power and branding involved with having a single entity.
National Organisation
The list of national organizations belonging to Euronics International Ltd. currently are:Country | Company Name | Brands | Branches |
Austria | Euronics Austria reg. Genossenschaft m.b.H. | Euronics XXL, Red Zac, Partner of Euronics | 234 |
Bahrain | Sharaf DG | see United Arab Emirates below | |
Belgium | Euronics Belgium cvba | Selexion, Selexion Clix, Euronics, Top Camera | 386 |
Cyprus | Seios SYN.P.E. | Euronics | 2 |
Czech Republic | Euronics ČR | Euronics | 166 |
Denmark | El-Salg | El-Salg | 212 |
Egypt | Sharaf DG | see United Arab Emirates below | |
Estonia | Euronics Baltic Ltd. | Euronics | 16 |
Finland | Kauppiasosuuskunta Tekniset | Euronics, Tekniset | 63 |
France | Euronics France | Euronics, Euronics City, Gitem, Boulanger | 444 |
Germany | Euronics Deutschland e.G. | Euronics, Euronics XXL, Media@home | 1,768 |
Greece | Seios SYN.P.E. | Euronics | 159 |
Hungary | Vöröskő Kft. | Euronics | 118 |
Ireland | Electrobuy Ltd. | Euronics | 47 |
Italy | Euronics Italia S.p.A. | Euronics, Euronics XXL, Euronics Point, Euronics City | 595 |
Kazakhstan | Arena S LLP Gulser Computers LLP | see United Arab Emirates below | |
Kyrgyzstan | Arena S LLP | see United Arab Emirates below | |
Latvia | Euronics Baltic Ltd. | Euronics | 4 |
Lithuania | TC prekyba, JSC | Euronics, Topo Centras | 34 |
Luxembourg | Selexion, Selexion Clix | 5 | |
Moldova | Foxmart | 4 | |
Netherlands | United Holding B.V. | Euronics, Electro World, CombiFoto, ElektroVakman, Audio-Video Specialist, Witgoed specialist | 417 |
Norway | Euronics Norge AS | Euronics | 66 |
Oman | Sharaf DG | see United Arab Emirates below | |
Poland | Mediaexpert Sp. z o.o. | Media Expert | 355 |
Portugal | Associação dos Agentes Autorizados | Euronics | 116 |
Russia | Expert Retail | Euronics, Expert | 397 |
San Marino | Euronics | 1 | |
Slovakia | Euronics SK | Euronics | 57 |
Spain | Sinersis | Tien 21, Confort Electrodomesticos | 348 |
Spain | Sinersis | Tien21, Milar, Confort Electrodomesticos, Ivarte | 1,583 |
Spain | Consorcio Euronics Espana, A.I.E. | Euronics | 1,244 |
Sweden | Elon Elkedjan Logistic AB | ELON, Elkedjan | 430 |
Sweden | Euronics Sverige | Euronics | 88 |
Switzerland | EURONICS Schweiz AG | Euronics, IF Interfunk, Media@home | 219 |
Tunisia | Euronics | 1 | |
Turkey | Teknosa | Teknosa | 292 |
Ukraine | Foxtrot Home Appliances | Foxtrot | 224 |
United Arab Emirates | Sharaf DG | There are currently 33 Sharaf DG stores in total | |
United Kingdom | Combined Independents Ltd. | Euronics | 1,150 |
Euronics in Italy
Euronics Italia SpA represents Euronics International's second largest shareholder by turnover, second only to Germany. It is one of the largest groups in the distribution of household appliances and consumer electronics. Euronics Italia was formed in September 1999 from the GET brand, established in 1972, when the demand for household appliances, color televisions and hi-fi systems became increasingly significant.The members of Euronics Italia
Euronics Italia SpA is a group made up of 11 members distributed throughout Italy, including a total of 420 stores as of March 2018.- Bruno SpA
- Butali SpA
- Castoldi Srl
- Dimo SpA
- Galimberti SpA
- The Via Lattea SpA
- Nova SpA
- Rimep SpA
- SIEM SpA
- Tufano SpA
- Binova
Diversification of brands
Brand | Quantity | Description |
Euronics XXL | 1 | Stores with surface area greater than or equal to 5000 square metres. |
Euronics | 230 | Large retail outlets, mainly located in shopping centers. |
Euronics City | 35 | The first in Europe to experiment with this format, they are medium sized outlets mainly located in urban centers. |
Euronics Point | 154 | Smaller stores, located in medium to small lots, often in urban areas in each province. |
Turnover in Italy
Euronics in the Baltics
Euronics entered the Estonian market in 2003 and is now represented by 19 stores. There are 6 Euronics stores in Latvia and 4 in Lithuania. There are a total of 29 Euronics brand stores operating in the Baltics.The chain of Euronics stores also includes PlussMiinus stores, of which there is one in Estonia.
Euronics in Norway
Euronics Norge AS is originally a Norwegian company headquartered in Fredrikstad. On January 1, 2016, Euronics Norge AS formally became a subsidiary of Swedish Elon Group AB.The company operates consumer electronics and home appliances sales through 50 stores in Norway as of October 2018.
In January 2019, Euronics Norge changed its name to Elon.