Ceconomy AG is an international retail company headquartered in Düsseldorf, Germany. Its history goes back to the Metro Group. Ceconomy operates more than 1,000 consumer electronics stores in twelve countries. In addition to MediaMarkt and Saturn, the group owns Deutsche Technikberatung. 32.5% of its sales are generated online. In March 2016, Metro announced a comprehensive reorganization of its business units. Wholesale and food retailing were to be continued separately from the consumer electronics centers. For Cash & Carry and Real, the company wanted to continue to use the "Metro" name. MediaMarkt and Saturn were henceforth to be managed under the umbrella of "Ceconomy". The reorganization was completed in July 2017. Ceconomy and Metro have since been independent sister companies. Both kept their listing on the stock exchange. More information...
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