TERG S.A.

Who owns TERG S.A.?
The Grzebita family holds the majority of shares, with approximately 11 percent owned by company management. Marek Grzebita is chief executive officer and Teresa Grzebita founded the business.

Is TERG S.A. publicly traded?
No. Although it has the legal form of a joint-stock company, its shares are not listed on the Warsaw Stock Exchange. It reports through KRS filings rather than exchange disclosures.

When was TERG founded?
Teresa Grzebita founded the company in the early 1990s in Zlotow. The Media Expert chain it operates was established in 2002.

What is TERG's revenue?
The group generated approximately PLN 24.3 billion in revenue in its financial year ending March 2026, with net profit of PLN 725.5 million.

How many employees does TERG have?
The group employed approximately 12,713 people as of March 2026, down 618 from the prior year as part of an efficiency program.

What does TERG own besides Media Expert stores?
The group includes roughly 20 subsidiaries, principally the regional store operators ME M01 through ME M12, plus the mediaexpert.pl e-commerce operation run by the parent directly.

Teresa Grzebita founded the business in the early 1990s in Zlotow, in the opening years of Poland's post-communist market economy. The early operation sold small household appliances: irons, mixers, kettles, and similar goods, initially warehoused in private garages.

The first shops opened in Zlotow, Walcz, and Czluchow, with Pila following. Through the 1990s the assortment expanded from small appliances into consumer electronics as Polish household purchasing power grew and foreign electronics brands entered the market.

In 2002, TERG joined several regional electronics and appliance retailers to establish the Media Expert chain. The consortium model let independent regional retailers share branding and purchasing to compete with international entrants such as MediaMarkt. Over the following two decades, TERG consolidated leadership of the group, and the regional partners were organized into subsidiaries of the TERG capital group.

Store expansion was persistent: more than 300 stores by January 2015, over 440 by late 2017, 498 by March 2021, and past 600 by November 2024. The count reached 618 by March 2026.

The company invested heavily in omnichannel capability. Mediaexpert.pl grew into one of Poland's most-visited retail sites, and a Central European Hub completed in 2022 added more than 230,000 square meters of warehouse space for national distribution. A marketplace model broadened the assortment beyond electronics.

Financial results have compounded. Revenue reached PLN 21.54 billion in the year ending March 2025, up 17.1 percent, with EBITDA above PLN 1 billion for the first time. The following year produced approximately PLN 24.3 billion in revenue and PLN 725.5 million in net profit, while headcount was reduced by 618 to 12,713 as the group pursued efficiency.

The Media Expert brand won the Best Omnichannel Brand category in the first Polish edition of the international Best Brands Awards program. The family's position at number ten in the Forbes ranking of Poland's 100 richest people reflects the value created by the business.