Latvia, Markets and Companies
International Internet Magazine. Baltic States news & analyticsThursday, 02.09.2010, 22:43
Linstow shopping malls turnover reached LVL 134 million in H1 2008
Nina Kolyako, BC, Riga, 14.07.2008.
Print version
Print versionThe total turnover of shopping malls run by Linstow Center Management (LCM) in Latvia reached LVL 134 million in the first six months of the year 2008, or 5.4% more than in the first half of 2007, LETA learned from the company.
The shopping mall "Alfa" turned over LVL 50.5 million in the first six months of the year, "Mols" – LVL 22.6 million, "Origo" – LVL 30.4 million, "Galerija Centrs" – LVL 23.7 million, "Dole" – LVL 6.8 million.
According to LCM Commercial Director Evija Majevska, regardless of the overall economic trends and the decreasing retail trade volumes in Latvia, turnover at LCM shopping malls has been steadily increasing – partly due to the high inflation, while the number of customers has remained unchanged.
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