Euronics

International electrical retail group Euronics International Ltd.TypePrivate Ltd.IndustryRetailFounded1990; 36 years ago (1990)Headquarters Amsterdam, NetherlandsNumber of locations11,000 outlets (2016)Area servedWorldwideProductsWhite goods, brown/black goods, telecommunications, information technologyRevenue €18.8 Billion (2011)€19.1 Billion (2010)Number of employees50,000 staff (2016)Websitewww.euronics.com 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 (an EEIG) 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 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 know