MediaMarktSaturn Retail Group, a subsidiary of Germany’s Ceconomy AG, this week aimed to douse growing speculation in Greece that the electronics and white goods retailer was a reduced presence in the country. The retailer said Greece is a significant market for Media Markt, and that no de-investment scheme is envisioned.
Asked by “N” over the retailer’s prospects in the Greek market, a spokesman had merely noted that the company was always in talks with other retailers, and over many difference matters. “Nevertheless, we have no further comment”.
