RTV Euro AGD explained

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'.

History

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.

See also

External links

Notes and References

  1. Web site: KRS 0000117710 EURO NET SP. Z O.O., NIP 5270005984, REGON 010137837. 4 March 2017. PL.
  2. Web site: O firmie. 22 February 2019. PL.
  3. Web site: Dziesięć największych polskich firm prywatnych - Biznes. 4 March 2017. PL.
  4. Web site: PMR: wartość rynku RTV, AGD i sprzętu elektronicznego wzrośnie o 1,8 proc. - Puls Biznesu - pb.pl. 4 March 2017. PL.
  5. Web site: UOKiK - Urząd - Informacje ogólne - Aktualności - Euro Net - Decyzja UOKiK. 5 March 2017. PL.
  6. News: RTV Euro AGD zapłaci karę. Sąd utrzymał decyzję UOKiK, ale zmienił wysokość grzywny. Polska. Grupa Wirtualna. 2016-09-06. finanse.wp.pl. 2017-03-05. pl-PL.