Stuttgart - The Euronics trade group for consumer electronics has increased its buying turnover by 8% to 1,44 billion euro in the business year 2005/06. This was communicated by the trade association from Ditzingen (Ludwigsburg district) in Stuttgart on Thursday. The Euronics Deutschland eG supervises its members since 1952 not only in terms of purchasing but also organises the consistent brand identity. For the business year 2006/07 Euronics expects another increase by 8%. Following Media-Saturn, Euronics is the second strongest market participant and the largest association for consumer electronics in Germany, said Werner Winkelmann, spokesman of the board.

Source: dpa/lsw