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Saturday, 07.05.2016, 01:32
IT wholesaler Elko Group posted EUR 1.139 billion in turnover in 2015, according to the company's audited consolidated report for 2015, cites LETA.
Keyword tags: Good for Business, Latvia, Markets and Companies, Retail, Technology
The listed Estonian clothing company Baltika's consolidated sales revenue from continued operations in April 2016 totaled 4.1 million euros, marking an increase of 3% from the same month last year, informs LETA/BNS.
Calendar adjusted data (at constant prices) compiled by the Data of Central Statistical Bureau (CSB) show that, compared to March 2015, in March 2016 total retail trade turnover rose by 0.3%. Retail trade in food products grew by 1.0%, whereas retail trade in non-food products – by 0.2%.
According to Statistics Estonia, in March 2016 compared to March 2015, the turnover of retail trade enterprises increased 3% at constant prices. While in January, the turnover increased 8% compared to the same month of the previous year and in February the growth decelerated to 5%, then in March the turnover growth decelerated even more.
Maxima Grupe (Maxima Group), the operator of the largest retail chain in the Baltic countries, is strengthening its position in Bulgaria – it intends to take over 12 stores of the German-capital retail chain Penny that is leaving the market, informs LETA/BNS.
The revenue of the Finnish retailer Stockmann from its department stores in Estonia and Latvia in the first quarter of 2016 was 19.2 million euros, down by 7.2% compared to the same period last year, informs LETA/BNS.
Akropolis Vilnius is the most efficient among the largest shopping centers in Lithuania, Verslo Zinios business daily said, cites LETA/BNS.