EU – Baltic States, Markets and Companies, Retail
International Internet Magazine. Baltic States news & analytics
Monday, 09.06.2025, 06:57
Tiimari: the future of the Baltic state stores not decided yet
Print version |
|---|
"Tiimari Baltic AS ended the previous business year in profit and this year, we are moving quite a lot ahead of the previous year," said Pajusalu. She said that the Baltic states unit of the company has taken many steps improving efficiency which last year was reflected in Tiimari Baltic AS economic results.
"We are on wait-and-see position regarding the bankruptcy process of the parent company since the outlook of the Baltic States' store chain is not decided yet," said Pajusalu.
"Since the bankruptcy process has just started and we are waiting for the court decision, we don’t have any other information than that all activities in Finland and the Baltic states continue as usual," said Tiimari Oy CEO Niila Rajala.
Tiimari announced on Wednesday that it will go bankrupt.
Tiimari had 194 stores at the end of last year, of which 11 in Estonia.
«The Baltic Course» Is Sold and Stays in Business!
