Baltic States – CIS, Estonia, Markets and Companies, Ukraine

International Internet Magazine. Baltic States news & analytics Wednesday, 23.05.2018, 02:21

Skano finalizes sale of Ukrainian retail subsidiary

BC, Tallinn, 17.03.2017.Print version
The listed Estonian furniture and fiberboard maker Skano Group announced on Friday that it has finalized the sale of its Ukrainian retail subsidiary TOV Skano Ukraina to a company with Estonian capital operating in Ukraine, writes LETA/BNS.

At the same time, Skano has concluded a distribution agreement with the buyer granting them the right to sell Skano furniture in the Ukrainian market, Skano told the stock exchange.

The new owner is planning to open more stores across Ukraine, first and foremost in the largest cities Kiev, Odessa and Lvov.

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