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Wednesday, 16.04.2014, 16:37
Retail trade company Stockmann posted EUR 61 million in turnover in 2013, which is 4% less than in 2012, according to Firmas.lv data, cites LETA/Nozare.lv.
Keyword tags: EU – Baltic States, Markets and Companies, Retail
Nine Ogre Region Council members in Latvia have signed a petition that demands Chairman Edvins Bartkevics (For Ogre Region) step down, informs LETA.
Retail trade company Maxima Lavija is planning to invest a total of EUR 6.4 million in rising employee wages and improving work conditions at the company this year, as Maxima Lavija head Jelena Kondrasova said in an interview with the Nozare.lv business portal, cites LETA.
Retail trade turnover in Latvia increased by 2% in February 2014, compared to February 2013, the sixth smallest increase in all European Union countries for which data are available, according to the latest data from the EU's statistical office Eurostat. Both Lithuania and Estonia registered 4.3% increases in retail trade turnover in February, informs LETA.
Maxima Latvija posted EUR 660.3 million in turnover in 2013, which is 4% more than in 2012, as the new Maxima Latvija head Jelena Kondrasova said in an interview with the Nozare.lv business portal, cites LETA.
With the conclusion of the sales process, the company which owns and operates the ''Iki'' chain of grocery stores Lenoka Ltd. (formerly Palink Ltd), is now officially owned and operated by Mego Ltd., the company's board member Inara Hupenija confirmed to the business information portal Nozare.lv, cites LETA.
Retail turnover (including VAT) of the Apranga Group amounted to LTL 45.9 million (EUR 13.3 million) in March 2014, and has increased by 16.6% comparing to March 2013, says the company in a statement, cites LETA/ELTA.