Estonia, Latvia, Markets and Companies

International Internet Magazine. Baltic States news & analytics Thursday, 19.06.2025, 18:52

Stenders opens 7th shop in Estonia

Alla Petrova, BC, Riga, 11.11.2010.Print version
At the beginning of November, Latvian soap and cosmetics company 'Stenders' opened its seventh shop in Estonia, the head of the company's marketing and communications department Maija Abolina informed the business information portal Nozare.lv.

The new shop was unveiled at the Tasku shopping mall in the Estonian city of Tartu.

 

This year, Stenders has expanded its chain of franchises by opening eight new shops in Russia and China, two shops in Lithuania, as well as one shop in both Slovenia and Belarus. The company also opened its first shops in Colombia and Greece this year as well.

 

Stenders  plans to open 15 more shops in China and Russia by the end of the year.

 

Stenders Soap Factory was founded in 2001 and produces bath and body cosmetics. Stenders has developed a network of 160 stores in more than 15 countries around the world, including China, Japan, Finland, Poland, Russia, Sweden, and Hungary.

 

According to information from Firmas.lv, the firm's shares belong to Ieva Eglite - 98 percent, Janis Berzins - 1 percent, and Zane Berzina - 1 percent.





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