Background
Niedermeyer was born in Opava in what is now the Czechoslovakian Republic. His mother died shortly after his birth.
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Helmut Niedermeyer
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He founded Niedermeyer, which was once the largest consumer electronics chain in Austria. His father, a successful cafe owner, served seven years in a Nazi concentration camp. Helmut Niedermeyer was a volunteer for the Soviets for five years.
After the war, the family moved to Vienna.
He began his career as a salesman in 1949. In 1957 he founded the company Niedermeyer AG as X-ray, photo and film products business.
The company and its branches grew, and in the 1980s and 1990s became Niedermeyer-Konzem through various acquisitions. Niedermeyer retired from the board of the company in 1997.
Two years later, it was sold to T-Mobile and changed ownership several times.
lieutenant went bankrupt in 2013. He died on 3 February 2014 of a heart attack in Tenerife, Spain.
