Euro-net sp. z o.o. | |
Trade Name: | RTV Euro AGD |
Type: | Private |
Industry: | Retail |
Founded: | 1990 |
Location City: | Warsaw, Poland |
Products: | Consumer electronics |
RTV Euro AGD is a trading name of a Polish company Euro-net sp. z o.o. In Poland, the company is commonly referred to as 'EURO'.
The company started selling consumer electronics and home appliances in 1991,[1] initially operating in Warsaw and its vicinity. Currently, Euro-net has 277 shops in 177 cities all around Poland.[2] The shops are usually located in the biggest shopping centers. The company is also selling on the web and by telephone.
Its biggest competitor in Poland is Media Markt. Euro-net is the 9th biggest privately held company in Poland with yearly sales of 4.5 bln PLN (1.1 bln USD) in 2015.[3] The total value of the consumer electronics and home appliances market in Poland in 2015 was 23.2 bln PLN.[4]
Euro-net was fined over 0.5 mln PLN in 2013 by a national consumer watchdog UOKiK for deceitful advertising [5] [6]
Euro-net should not be confused with Euronet Worldwide, which is a popular network of ATMs in Poland.