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International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 14:40

Operator of Latvia’s E-maxima sustained EUR 126,236 loss in 2015

BC, Riga, 28.06.2016.Print version
Latvia’s Patrika company, the operator of e-maxima Internet store, in 2015 sustained EUR 126,236 loss, informs LETA, according to Firmas.lv business database.

The company’s turnover last year was EUR 542,962.

 

E-maxima Internet store started operations on March 26, 2012, and the company’s owner invested more than EUR 150,000 in it. Patrika company was founded in late 2014.

 

The company plans to cover the loss from the profit of the coming years, the company’s management reported.

 

In the first quarter of this year, turnover of e-maxima store rose by 26% year-on-year.

 

Patrika was founded in December 2014 and has a share capital of EUR 500,000. Patrika is fully owned by Maxima Latvija retail chain.






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