Ceconomy

EQS-News: HORNBACH Holding AG & Co. KGaA: HORNBACH Supervisory Boards extend contract with CFO Karin Dohm to December 2028

Retrieved on: 
Saturday, February 25, 2023

EQS-News: HORNBACH Holding AG & Co. KGaA

Key Points: 
  • EQS-News: HORNBACH Holding AG & Co. KGaA
    HORNBACH Holding AG & Co. KGaA: HORNBACH Supervisory Boards extend contract with CFO Karin Dohm to December 2028
    The issuer is solely responsible for the content of this announcement.
  • The Supervisory Boards of HORNBACH Baumarkt AG and HORNBACH Management AG have extended the appointment of Karin Dohm as a member of the Board of Management and CFO of the two companies for a further five years.
  • Karin Dohm has been working at HORNBACH Group since January 1, 2021.
  • The graduate economist, tax advisor and auditor is also a member of the supervisory boards of Ceconomy AG and Danfoss A/S as well as of HORNBACH Immobilien AG.

Euronet Worldwide’s epay division successfully expands its recurring billing solution, Renewal, into new countries and channel partners

Retrieved on: 
Wednesday, June 1, 2022

LEAWOOD, Kansas, June 01, 2022 (GLOBE NEWSWIRE) -- epay, the digital payments processing business segment of global financial technology solutions and payments provider Euronet Worldwide, Inc. (NASDAQ: EEFT), today announced additional launches for Renewal, its recurring billing solution. This expansion includes the following channel partners and countries: Harvey Norman in Australia, Altibox Nordics, Cyberport and MediaMarktSaturn Retail Group in Germany, Etisalat UAE, the telecoms pillar of e& (formerly known as Etisalat Group) and Sharaf DG in the UAE, Singtel in Singapore and additional retailers in Mexico. More countries and retailers are already being planned and will be announced when available.

Key Points: 
  • LEAWOOD, Kansas, June 01, 2022 (GLOBE NEWSWIRE) -- epay, the digital payments processing business segment of global financial technology solutions and payments provider Euronet Worldwide, Inc. (NASDAQ: EEFT), today announced additional launches for Renewal, its recurring billing solution.
  • More countries and retailers are already being planned and will be announced when available.
  • This generates a forward-looking and sustainable revenue model for brand and retail partners by turning a one-time transaction into 12, 24 or 36 transactions.
  • With corporate headquarters in Leawood, Kansas, USA, and 66 worldwide offices, Euronet serves clients in approximately 175 countries.

DGAP-News: Wolfgang Kirsch becomes CEO of Allterco Europe

Retrieved on: 
Monday, November 22, 2021

With immediate effect, he will be responsible as CEO for the newly founded Allterco Europe GmbH, which will be based in Munich.

Key Points: 
  • With immediate effect, he will be responsible as CEO for the newly founded Allterco Europe GmbH, which will be based in Munich.
  • In his new position, Kirsch will develop the expansion of the European business through sales and marketing in the respective countries.
  • Wolfgang Kirsch held a senior position at MediaMarktSaturn Retail Group until 2018, most recently as Chief Operating Officer.
  • Gregor Bieler is also new on board at Allterco: as Chairman of the Advisory Board, he will support the company, but also Wolfgang Kirsch in particular, in the development and implementation of the expansion strategy of Allterco Europe GmbH.

Accenture Teams with MediaMarktSaturn to Reshape Content Creation

Retrieved on: 
Wednesday, October 20, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20211019006104/en/
    Accenture teams with MediaMarktSaturn to reshape content creation (Graphic: Business Wire)
    "In addition to being fully digital and data-driven, any effective marketing strategy requires ubiquity, quality and speed.
  • Together with Accenture, we aim to drive our digital customer engagement to the next level, achieved through the implementation of a newly evolved, scalable and personalized content catalog," said Giuseppe Cunetta, chief marketing and digital officer of MediaMarktSaturn Retail Group.
  • "The ability to create content with quality, consistency and scale across multiple markets is paramount for retailers online, said Massimo Morielli, president of Europe for Accenture Interactive.
  • This announcement builds on the momentum of Accenture opening a new studio in Munich, Germany, bringing together the scale, speed and business expertise of Accenture Interactive and Accenture Operations as part of its comprehensive offering for content production and distribution.

DGAP-News: CECONOMY AG settles post-pandemic financing structure: Existing KfW syndicated loan agreement replaced by ESG-linked syndicated credit facilities

Retrieved on: 
Friday, July 30, 2021

CECONOMY AG settles post-pandemic financing structure: Existing KfW syndicated loan agreement replaced by ESG-linked syndicated credit facilities

Key Points: 
  • CECONOMY AG settles post-pandemic financing structure: Existing KfW syndicated loan agreement replaced by ESG-linked syndicated credit facilities
    The issuer is solely responsible for the content of this announcement.
  • CECONOMY AG settles post-pandemic financing structure: Existing KfW syndicated loan agreement replaced by ESG-linked syndicated credit facilities
    Dsseldorf, 30 July 2021 - CECONOMY AG ("CECONOMY") has settled its post-pandemic financing structure with the termination of its syndicated revolving loan agreement with the participation of KfW and implementation of its new ESG-linked syndicated revolving credit facilities.
  • The 1.7 billion loan facility of the existing syndicated loan agreement with the participation of KfW was concluded in mid-May 2020 during the first wave of the COVID-19 pandemic and complemented CECONOMY's existing credit facilities of 980 million at that time.
  • Following the recent issuance of the 5-year senior unsecured bond, CECONOMY now concludes its post-pandemic financing structure with the implementation of the new ESG-linked syndicated revolving credit facilities.

DGAP-News: CECONOMY with strong trading in countries less affected by COVID-19 in the third quarter - German business marked by long lockdown and restrictions

Retrieved on: 
Monday, July 19, 2021

The pandemic development coupled with the incidence-based regulations in Germany only enabled the full reopening of our German MediaMarkt and Saturn stores at the end of the third quarter.

Key Points: 
  • The pandemic development coupled with the incidence-based regulations in Germany only enabled the full reopening of our German MediaMarkt and Saturn stores at the end of the third quarter.
  • Customer frequency following the openings is still below pre-pandemic levels and we see more transactional business.
  • In countries where we were not or less impacted by COVID-19-related restrictions, the high level of buying interest for consumer electronics continued in the third quarter.
  • We therefore continue to reap the benefits of our omnichannel approach and the strategy behind it," Bernhard Dttmann, CEO of CECONOMY.

DGAP-News: CECONOMY AG: Commitment for more sustainability: CECONOMY joins the 'Green Consumption Pledge Initiative' of the European Commission

Retrieved on: 
Thursday, June 10, 2021

Dsseldorf, 10 June 2021 - CECONOMY AG ("CECONOMY"), the parent company of MediaMarkt and Saturn, has joined the "Green Consumption Pledge Initiative" of the European Commission.

Key Points: 
  • Dsseldorf, 10 June 2021 - CECONOMY AG ("CECONOMY"), the parent company of MediaMarkt and Saturn, has joined the "Green Consumption Pledge Initiative" of the European Commission.
  • CECONOMY is one of the first European retail companies to join the voluntary initiative launched as part of the European Climate Pact.
  • "With our participation in the "Green Consumption Pledge Initiative" of the European Commission, we underline the claim of our sustainability strategy.
  • For information on CECONOMY's goals under the Green Consumption Pledge Initiative, click here: https://www.ceconomy.de/en/sustainability/eu-green-consumption-pledge/
    General information on the "Green Consumption Pledge Initiative" of the European Commission can be found here: https://ec.europa.eu/info/policies/consumers/consumer-protection/green-c...
    CECONOMY AG empowers life in the digital world.

DGAP-News: CECONOMY AG lays the foundation of its post-pandemic financing structure with new €1 billion ESG-linked syndicated revolving credit facilities

Retrieved on: 
Thursday, May 6, 2021

b'The issuer is solely responsible for the content of this announcement.\nD\xc3\xbcsseldorf, 6 May 2021 - Today CECONOMY AG ("CECONOMY") has successfully signed new ESG-linked syndicated revolving credit facilities of \xe2\x82\xac1.06 billion with a consortium of its 13 partner banks.

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\nD\xc3\xbcsseldorf, 6 May 2021 - Today CECONOMY AG ("CECONOMY") has successfully signed new ESG-linked syndicated revolving credit facilities of \xe2\x82\xac1.06 billion with a consortium of its 13 partner banks.
  • The new syndicated revolving credit facilities are intended to replace the existing syndicated revolving credit facilities with the participation of KfW as a back-up line.\nThe new facilities are split into a five-year tranche with a volume of \xe2\x82\xac707 million and a three-year tranche with a volume of \xe2\x82\xac353 million in order to diversify the maturity profile.
  • In addition, both tranches have the option of being extended twice for one year each.
  • The new facilities will become effective once the existing syndicated credit lines have been terminated at the sole discretion of CECONOMY.\nFurthermore, the interest on the syndicated loan is linked to three annual ESG targets.

DGAP-News: CECONOMY AG: Management and Supervisory Board confirm personnel changes: Ferran Reverter Planet leaves MediaMarktSaturn

Retrieved on: 
Monday, March 8, 2021

CECONOMY AG: Management and Supervisory Board confirm personnel changes: Ferran Reverter Planet leaves MediaMarktSaturn (news with additional features)

Key Points: 
  • CECONOMY AG: Management and Supervisory Board confirm personnel changes: Ferran Reverter Planet leaves MediaMarktSaturn (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • Management and Supervisory Board confirm personnel changes: Ferran Reverter Planet leaves MediaMarktSaturn
    Dsseldorf, 7 March 2021 - Ferran Reverter Planet will not extend his contract as Chief Executive Officer (CEO) of Media-Saturn-Holding GmbH (MSH).
  • Today, the Management Board and the Supervisory Board of CECONOMY AG (CECONOMY), who have delegated Ferran Reverter as the managing director of MSH in October 2018, have agreed to the termination of Ferran Reverter Planet's contract (term until 12 October 2021) by mutual consent as of 30 June 2021.
  • "The Supervisory Board would like to thank Ferran Reverter Planet most sincerely for his great achievements and passionate commitment to MediaMarktSaturn in almost two decades.

DGAP-News: CECONOMY AG shareholders approve capital measures to reorganize shareholdings in MediaMarktSaturn

Retrieved on: 
Wednesday, February 17, 2021

Dsseldorf, 17 February 2021 - At today's Annual General Meeting of CECONOMY AG ("CECONOMY"), shareholders approved all resolutions proposed by CECONOMY with the required majority.

Key Points: 
  • Dsseldorf, 17 February 2021 - At today's Annual General Meeting of CECONOMY AG ("CECONOMY"), shareholders approved all resolutions proposed by CECONOMY with the required majority.
  • The proposal for the capital increase and issuance of the convertible bonds, both against contribution-in-kind and excluding statutory subscription rights, in connection with the acquisition of the MediaMarktSaturn minority stake, was approved by 98.94% of the shareholders' votes cast.
  • Following this milestone and envisaged closing, the company will move ahead with tax consolidation measures, thereby unlocking significant value creation potential.
  • In order to protect the health of all individuals involved, CECONOMY organized a virtual Annual General Meeting for the very first time.