Ceconomy

Ceconomy Chief Executive Departs After Profit Warnings

Ceconomy, the consumer electronics business that split off from wholesaler Metro last year, said its chief executive is to leave with immediate effect and...

Czech Investor Buys Another Stake In Retailer Metro

EP Global Commerce (EPGC), the investment vehicle of Czech investor Daniel Kretinsky, is buying more shares in German retailer Metro from Ceconom...

Ceconomy Shares Melt As Hot Summer Hits Profit Outlook

Shares in Ceconomy fell on Wednesday after Europe's biggest consumer electronics retailer cut its profit goals for the 2017/18 financial year, citing...

Metro AG Faces Shake-Up Of Shareholder Structure

German retailer Metro AG faces a shake-up of its shareholder structure, as Ceconomy announced that it may join family-owned Haniel in selling a stake in th...

Germany's Ceconomy To Cut Costs After Metro Impairment

German consumer electronics retailer Ceconomy, which split off from wholesaler Metro Group last year, has said that it plans to rein in costs and reco...

Russia's M.video Could Resume Dividends In 2020: President

Russian home appliances retailer M.video has no plans to propose dividends for shareholders until 2020, president Alexander Tynkovan said, as a planned acq...

Germany's Ceconomy to Swap Russian Business For M.video Stake

German consumer electronics retailer Ceconomy has agreed to swap its Russian business and cash for a 15% stake in M.video, a unit of Russia's Safmar, it sa...

Ceconomy Nears Russia Deal, Considers Capital Increase

German consumer electronics group Ceconomy, which split off from wholesaler Metro AG last year, is expected to strike a deal within days to sell its loss-m...