Euronics with good results, new president

Recently, Hans Carpels was elected new President of Euronics International, succeeding Werner Winkelmann. The Belgian manager became CEO of Tera C.V. in 1985 and has been Managing Director of Euronics Belgium since 2005. One of the co-founders of Euronics International, Carpels supported Werner Winkelmann as Vice President since 2000. Paolo Galimberti was elected new Vice President of Euronics International. He is also President of Italian Young Entrepreneurs, a Board member of Euronics International and Euronics Italy and a member of the Board of Confcommercio and Eurocommerce. Klaus Lahrmann continues as Managing Director of Euronics International.

Separately, Euronics International has announced that Foxtrot, the leading consumer electronics retailer in the Ukraine and Moldova has joined the buying group. With sales of approximately Euro 582 million (US-$ 750 million), Foxtrot holds a market share of 25 percent in the respective countries, operating 243 stores under the brand Foxtrot and Foxma.