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Grupo Elektra

Grupo Elektra S.A.B. de C.V.
Sociedad Anónima Bursátil
Traded as ELEKTRA
Industry Retail, Banking, Finance
Founded 1950; 67 years ago (1950)
Headquarters Mexico City, Mexico
United States
Area served
Mexico, Central America, South America
Key people
Ricardo B. Salinas, (Chairman)
Fabrice Deceliere Márquez, (CEO Elektra Stores)
Alejandro Valenzuela del Río, (CEO Banco Azteca)
Mauro Aguirre Regis, (CFO)
Products Home appliance, mobile phone, computers, consumer electronics, furniture, white goods, money transfers, extended warranties, ecommerce, financial services, deposits, personal loans, credit cards, commercial loans, liability insurance, life insurance, pension funds.
Revenue Increase$ 75,902 million (2015)
Increase$ 9,194 million (2015)
Number of employees
65,346 (2015)
Subsidiaries Banco Azteca, Advance America, Italika, Seguros Azteca, Afore Azteca, Punto Casa de Bolsa
Website www.grupoelektra.com.mx

Grupo Elektra is a Mexican leading financial and retailing corporation established by Hugo Salinas Rocha. The company has operations in Latin America and is the largest non-bank provider of cash advance services in the United States.

It is listed on the Bolsa Mexicana de Valores (ELEKTRA*) and on the Spanish Stock Market (XEKT).

The Group operates more than 7,000 points of contact in Mexico, the United States, Guatemala, Honduras, Peru, Panama and El Salvador. The company operates through two divisions to satisfy the needs of its customers: commercial and financial.

Grupo Elektra offers appliances, consumer electronics, furniture, motorcycles, mobile phones, computers, as well as electronic money transfer business and extended warranties, among many other products.

Elektra is the most important store format of the company. It has 1,143 points of sale throughout Mexico and Central and South America, focused to underserved social classes. The Salinas y Rocha store format has 51 stores and its target market is made of the middle class.

Grupo Elektra sells close to 1 of every 4 televisions commercialized in Mexico, 1 of every 5 refrigerators, 7 of every 10 motorcycles, and pays a substantial proportion of the electronic money transfers from the United States into Mexico.


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