Latvia, Legislation, Markets and Companies, Retail
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Friday, 26.04.2024, 02:34
Insolvency claim filed against operator of DIY chain K Senukai
The insolvency claim has been lodged by Brivibas Centrs property rent and management company.
Brivibas Centrs
board member Aleksandrs Tralmaks
told LETA that Kesko Senukai Latvia owed Brivibas
Centrs EUR 56,000 in unpaid rent for 2017.
Riga City Pardaugava District Court plans to hear the
insolvency case against Kesko Senukai
Latvia on December 20, 2018.
Insolvency administrator Lasma Veipe is a candidate to
handle the company’s insolvency process.
As reported, Kesko
Senukai Latvia posted EUR 55.158 mln in 2017 sales, up 13.8% from a year
before, while the company’s loss increased 29.7% to EUR 4.61 mln, according to
Firmas.lv business database.
Kesko retail group
comprises 20 retail chains, such as K-rauta,
Rautia, Byggmakker, Konekesko, Senukai, Asko, Sotka, Citymarket, Anttila,
Intersport, in eight countries - Finland, Sweden, Norway, Estonia, Latvia,
Lithuania, Russia and Belarus.