Retail

International Internet Magazine. Baltic States news & analytics Tuesday, 18.09.2018, 23:15

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Skvernelis invites Kaufland to come to Lithuania

Skvernelis invites Kaufland to come to Lithuania

14.09.2018

Prime Minister of Lithuania Saulius Skvernelis invited Germany's retail chain Kaufland to come to the Lithuanian market as he met with Chancellor Angela Merkel in Vilnius on Friday, September 14, 2018, informs LETA/BNS.

Keyword tags: EU – Baltic States, Good for Business, Lithuania, Retail



Gemoss turnover up 7.5%, profit down 17.7% in 2017

Gemoss turnover up 7.5%, profit down 17.7% in 2017

10.09.2018

Company Gemoss, which sells bar, restaurant and hotel equipment and imports nuts and dried fruit, posted 25.04 mln euros in turnover last year, which is 7.5% more than in 2016, while the company's profit decreased 17.7% to 1.493 mln euros, informs LETA.

Consumer price index continued to rise in Estonia

Consumer price index continued to rise in Estonia

07.09.2018

According to Statistics Estonia, the change of the consumer price index in August 2018 was 0.5% compared to July 2018 and 3.6% compared to August of the previous year.


Tallink adds fashion brands Jack & Jones, Vero Moda to franchise portfolio

Tallink adds fashion brands Jack & Jones, Vero Moda to franchise portfolio

05.09.2018

The listed Estonian shipper Tallink Grupp last week signed a franchise contract with Bestseller Finland OY with which the company acquired the franchise rights for fashion brands Jack & Jones and Vero Moda in Estonia, informs LETA/BNS.

Volume of retail trade down by 0.2% in euro area

Volume of retail trade down by 0.2% in euro area

05.09.2018

In July 2018 compared with June 2018, the seasonally adjusted volume of retail trade decreased by 0.2% in the euro area (EA19) and remained unchanged in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June, the retail trade volume increased by 0.3% in the euro area and did not change in the EU28.


04.09.2018

Lithuanian Maxima Grupe Starts Meeting Investors for Attraction of Capital

Maxima Grupë, the managing company of the Maxima Latvija retail chain, focuses on plans for business development in existing and emerging markets, and is now ready for an ambitious attraction of capital. The Central Bank of Ireland has approved the Maxima Grupë’s base prospectus that was also announced on the Dublin Stock Exchange, informed Maxima Grupe.

31.08.2018

IKEA holding talks and conducting market research for expanding to Estonia

The Swedish furniture seller IKEA is holding talks and conducting market research for expanding to Estonia and entering the market is only a matter of time, according to the daily Postimees reports LETA/BNS.

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