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Media-Saturn-Holding GmbH
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. History 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. Ceconomy started as a leading European electronics retailer. To build on this position, the company focused on diversifying and internati ...
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Düsseldorf-Hafen
Düsseldorf-Hafen is an urban quarter of Düsseldorf, Germany, part of Borough 3, located on the river Rhine and the location of the city's docks. The quarter covers , and is predominantly commercial and industrial in nature, with a very small residential population. It had 110 residents in the year 2020, making it the Düsseldorf quarter with the lowest population density. The docks prospered for decades but lost much of their trade when Mannesmann closed its nearby pipe factory. As a result the eastern part of the docks started to be redeveloped, attracting businesses in the service sector such as media, design and fashion companies. One of the first new residents to the so-called Media Harbour was Westdeutscher Rundfunk with its current affairs TV and radio studios. Düsseldorf local radio station Antenne Düsseldorf is also based in the harbour area. One of the largest cinemas of Düsseldorf is in the Hafen. The Landtag (State parliament) of North Rhine-Westphalia and the Rh ...
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Executive Board
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ...
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Consumer Electronics Retailers Of Germany
A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. The term most commonly refers to a person who purchases goods and services for personal use. Consumer rights “Consumers, by definition, include us all," said President John F. Kennedy, offering his definition to the United States Congress on March 15, 1962. This speech became the basis for the creation of World Consumer Rights Day, now celebrated on March 15. In his speech : John Fitzgerald Kennedy outlined the integral responsibility to consumers from their respective governments to help exercise consumers' rights, including: *The right to safety: To be protected against the marketing of goods that are hazardous to health or life. *The right to be informed: To be protected against fraudulent, deceitful, or grossly misleading informatio ...
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Companies Based In Düsseldorf
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Retail Companies Established In 2017
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provisio ...
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Hürth
Hürth is a town in the Rhein-Erft-Kreis, North Rhine-Westphalia, Germany. Hürth shares borders with the city of Cologne and is about 6 km to the southwest of Cologne city centre, at the northeastern slope of the natural preserve Kottenforst-Ville. The town consists of thirteen districts, once independent villages, and is distributed over a relatively large area. The municipal area is interspersed with lakes and stretches of forest. In former times, the Eifel Aqueduct, a Roman aqueduct which supplied the city of Cologne with drinking water, went through Hürth. Remnants of various aqueducts can still be found underground. It is also famous as the birthplace of Michael Schumacher. Geography Hürth is situated about 6 km to the southwest of Cologne city centre, at the northeastern slope of the Kottenforst-Ville nature reserve. The town, consisting of thirteen formerly independent villages, is essentially made up of numerous subdivisions and commercial centres d ...
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Köln Hansaring Station
Köln Hansaring railway station is situated in the city of Cologne in the German state of North Rhine-Westphalia, about one kilometre northwest of Köln Hauptbahnhof. A few hundred metres west of the station is the ''Betriebsbahnhof Köln Hansaring Wendeanlage'' (Köln Hansaring operations station reversing facility). At the station Rhine-Ruhr S-Bahn line S 11 branches off towards Neuss Hauptbahnhof via Köln-Nippes station and Köln-Chorweiler on the Lower Left Rhine Railway from S-Bahn line S 12, which runs parallel to the Cologne–Aachen high-speed railway to Düren via Köln-Ehrenfeld and Köln-Weiden West station. The station (which is classified as a ''Haltepunkt'', that is a "halt", which is defined as having no set of points) and the operating station together form the western end of the trunk line of the Cologne S-Bahn (which is operated as part of the Rhine-Ruhr S-Bahn). It is classified by Deutsche Bahn as a category 4 station. The S-Bahn trains stop here on an ...
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Cologne
Cologne ( ; german: Köln ; ksh, Kölle ) is the largest city of the German western States of Germany, state of North Rhine-Westphalia (NRW) and the List of cities in Germany by population, fourth-most populous city of Germany with 1.1 million inhabitants in the city proper and 3.6 million people in the Cologne Bonn Region, urban region. Centered on the left bank of the Rhine, left (west) bank of the Rhine, Cologne is about southeast of NRW's state capital Düsseldorf and northwest of Bonn, the former capital of West Germany. The city's medieval Catholic Cologne Cathedral (), the third-tallest church and tallest cathedral in the world, constructed to house the Shrine of the Three Kings, is a globally recognized landmark and one of the most visited sights and pilgrimage destinations in Europe. The cityscape is further shaped by the Twelve Romanesque churches of Cologne, and Cologne is famous for Eau de Cologne, that has been produced in the city since 1709, and "col ...
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Munich
Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the States of Germany, German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the List of cities in Germany by population, third-largest city in Germany, after Berlin and Hamburg, and thus the largest which does not constitute its own state, as well as the List of cities in the European Union by population within city limits, 11th-largest city in the European Union. The Munich Metropolitan Region, city's metropolitan region is home to 6 million people. Straddling the banks of the River Isar (a tributary of the Danube) north of the Northern Limestone Alps, Bavarian Alps, Munich is the seat of the Bavarian Regierungsbezirk, administrative region of Upper Bavaria, while being the population density, most densely populated municipality in Germany (4,500 people per km2). Munich is the second-largest city in the Bavarian dialects, Bavarian dialect area, ...
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Ingolstadt
Ingolstadt (, Austro-Bavarian: ) is an independent city on the Danube in Upper Bavaria with 139,553 inhabitants (as of June 30, 2022). Around half a million people live in the metropolitan area. Ingolstadt is the second largest city in Upper Bavaria after Munich and the fifth largest city in Bavaria after Munich, Nuremberg , Augsburg and Regensburg. The city passed the mark of 100,000 inhabitants in 1989 and has since been one of the major cities in Germany. After Regensburg, Ingolstadt is the second largest German city on the Danube. The city was first mentioned in 806. In the late Middle Ages, the city was one of the capitals of the Bavarian duchies alongside Munich, Landshut and Straubing, which is reflected in the architecture. On March 13, 1472, Ingolstadt became the seat of the first university in Bavaria, which later distinguished itself as the center of the Counter-Reformation. The freethinking Illuminati order was also founded here in 1776 . The city was also a Bavari ...
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Supervisory Board
In corporate governance, a governance board also known as council of delegates are chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and fire the board of directors. In civil service, a supervisory board or regulatory board is often a legislatively independent body with authority over other non-governmental boards (i.e. boards embedded within and run by industry bodies), such as found in some systems of regulated marketing, especially in the agricultural sector. The scope of supervision is to supervise other supervisory bodies. Industry boards are typically oriented toward their own stakeholders, while the second-instance supervision takes a broader view of all stakeholders, including the public interest. Corporate governance varies between countries, especially regarding the board system. There are countries that have a one-tier board system (like the U.S.) and there are others that have a two-tier board sys ...
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Chief Financial Officer
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting. In some sectors, the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries, finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management, cost–benefit analysis, forecasting needs, and securing of new funding. Qualification Most CFOs of large companies hav ...
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