Below is the information acquired on CECONOMY AG, which is not yet included in our research perimeter.

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Last update 28 May 2020

Description of economic activities

Other retail sale in non-specialised stores (NACE2 4719)

This company operate as a diversified retail and wholesale/cash and carry group, and is doing business as Metro Group with the largest market share in its home market, and is one of the most globalised retail and wholesale corporations. It is the fourth-largest retailer in the world measured by revenues (after Wal-Mart, Carrefour and Tesco). It was established in 1964 by Otto Beisheim. The company has its registered office located in Dusseldorf in North Rhine-Westphalia, Germany. Metro Group is one of the world's leading retail and wholesale companies. Its operating business involves self-service wholesale trade, hypermarkets, consumer electronics stores, department stores and online trade. Its four sales divisions - Metro Cash & Carry, Real, Media-Saturn and Galeria Kaufhof, which gained leading positions in their respective business areas. It conduct their business activities autonomously in the marketplace and provide private and professional customers in 33 countries across Europe, Asia and Africa with a comprehensive range of products and services. In the process, they continuously tap new sales channels in order to establish long-term relationships with existing customers and to reach new target groups. In addition, it has bundled its real estate activities into METRO PROPERTIES. Metro Group offers private and commercial customers a broad array of services in cash and carry, and in retail. With their specific offers designed to meet the growing demands of customers, its sales brands have become individual retail brands in many ways. It continuously fine-tune their sales concepts with the aim of convincing customers of the value of their service offerings and, as a result, solidifying the foundation of their future business success. Its sales brands include Metro/Makro Cash & Carry, Real, Media Markt, Saturn, and Galeria Kaufhof. Metro Group is located in Austria, Belgium, Bulgaria, China, Croatia, the Czech Republic, Denmark, Egypt, France, Germany, Greece, Hungary, India, Italy, Japan, Kazakhstan, Luxembourg, Moldova, the Netherlands, Pakistan, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Spain, Sweden, Switzerland, Turkey, Ukraine, the United Kingdom and Vietnam.
  • CECONOMY AG

  • Germany (DE)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Dipl.-Betriebswirt (Univ) Olaf Gunter Koch
  • CEO Total remuneration: N/A
  • Website: www.ceconomy.de

Financial data

Number of employees

49,536
53,954
57,852
58,251

Revenue 1

21.645
22.153
50.986
60.078

EBIT 1

236
258
1.19
1.189

EBITDA 1

478
519
1.703
2.222

1 numbers are in millions

  • RepRisk Indicator (last month):  N/A

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

  • EWC: N/A

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines:
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

  • Corporate Social Responsability:
    N/A
  • Accessibility: N/A

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC:
  • D. 89/391/EEC:
  • D. 98/59/EC:
  • D. 2000/43/EC:
  • D. 2000/78/EC:
  • D. 2001/23/EC:
  • Council D. 2001/86/EC:
  • D. 2002/14/EC:
  • D. 2002/73/EC:
  • Council D. 2003/72/EC:
  • EP and Council D. 2005/56/EC:
  • D. 2009/38/EC:
  • D. 2004/25/EC:
  • D. 2011/35/EU:

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500:
  • Green Ranking Global Top 100: N/A