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Friday, 26.04.2024, 19:09
Kesko receives permission to acquire Azur shopping mall in Riga
The Competition Council has concluded that the acquisition deals
will not impair competition.
MD Galerija Azur is the company that rents out
premises at the Atrium Azur shopping mall.
According to the Competition Council's
conclusions, the acquisitions will not change the market structure or impair
competition in Riga, and not result in the creation of a dominant undertaking.
According to Firmas.lv, MD Galerija Azur was
registered in 2002. The company's share capital is EUR 11,858, it belongs to
the Cyprus-registered MD CE Holding Limited.
MD Galerija Azur closed 2015 with EUR
2,796,407 in turnover and EUR 2,727,592 in profit.
Kesko is a group of twenty retail chains,
including K-rauta, Rautia, Byggmakker, Konekesko, Senukai, Asko, Sotka,
Citymarket, Anttila, Intersport. Kesko Group runs companies in eight countries
- Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus.