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:
CountryCompany NameBrandsBranches
AustriaEuronics Austria reg. Genossenschaft m.b.H.Euronics XXL, Red Zac, Partner of Euronics234
BahrainSharaf DG see United Arab Emirates below
BelgiumEuronics Belgium cvbaSelexion, Selexion Clix, Euronics, Top Camera386
CyprusSeios SYN.P.E.Euronics2
Czech RepublicEuronics ČREuronics166
DenmarkEl-SalgEl-Salg212
EgyptSharaf DG see United Arab Emirates below
EstoniaEuronics Baltic Ltd.Euronics16
FinlandKauppiasosuuskunta TeknisetEuronics, Tekniset63
FranceEuronics FranceEuronics, Euronics City, Gitem, Boulanger444
GermanyEuronics Deutschland e.G.Euronics, Euronics XXL, Media@home1,768
GreeceSeios SYN.P.E.Euronics159
HungaryVöröskő Kft.Euronics118
IrelandElectrobuy Ltd.Euronics47
ItalyEuronics Italia S.p.A.Euronics, Euronics XXL, Euronics Point, Euronics City595
KazakhstanArena S LLP
Gulser Computers LLP
see United Arab Emirates below
KyrgyzstanArena S LLPsee United Arab Emirates below
LatviaEuronics Baltic Ltd. Euronics4
LithuaniaTC prekyba, JSC Euronics, Topo Centras34
LuxembourgSelexion, Selexion Clix5
MoldovaFoxmart4
NetherlandsUnited Holding B.V.Euronics, Electro World, CombiFoto, ElektroVakman, Audio-Video Specialist, Witgoed specialist417
NorwayEuronics Norge ASEuronics66
OmanSharaf DG see United Arab Emirates below
PolandMediaexpert Sp. z o.o.Media Expert355
PortugalAssociação dos Agentes AutorizadosEuronics116
RussiaExpert RetailEuronics, Expert397
San MarinoEuronics1
SlovakiaEuronics SKEuronics57
SpainSinersisTien 21, Confort Electrodomesticos348
SpainSinersisTien21, Milar, Confort Electrodomesticos, Ivarte1,583
SpainConsorcio Euronics Espana, A.I.E.Euronics1,244
SwedenElon Elkedjan Logistic ABELON, Elkedjan430
SwedenEuronics SverigeEuronics88
SwitzerlandEURONICS Schweiz AGEuronics, IF Interfunk, Media@home219
TunisiaEuronics1
TurkeyTeknosaTeknosa292
UkraineFoxtrot Home AppliancesFoxtrot224
United Arab EmiratesSharaf DG There are currently 33 Sharaf DG stores in total
United KingdomCombined Independents Ltd.Euronics1,150

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.
Euronics is represented in Italy by four brands:
BrandQuantityDescription
Euronics XXL1Stores with surface area greater than or equal to 5000 square metres.
Euronics230Large retail outlets, mainly located in shopping centers.
Euronics City35The first in Europe to experiment with this format, they are medium sized outlets mainly located in urban centers.
Euronics Point154Smaller 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.

Euronics in Finland

Euronics in Finland is managed by the Merchant Cooperative Tekniset. There are almost 60 Euronics and Technical stores in Finland.

Evolution of the logo