News

  • Unaudited consolidated interim accounts for the third quarter and first nine months of 2018

    In the 3rd quarter of 2018, the unaudited consolidated sales revenue of Tallinna Kaubamaja Group was 167.1 million euros, exceeding the year-on-year result by 3.9%. The sales revenue generated in the first nine months was 501.6 million euros, showing an increase of 5.3% compared to the result of the first nine months of 2017, when the sales revenue was 476.2 million euros. In the 3rd quarter of 2018, the unaudited consolidated net profit of the Group was 9.9 million euros, which is 3.5% higher than the profit of the same period of the previous year. The net profit of the Group in the first nine months of the year was 18.9 million euros, which was 5.6% higher than in the same period of the previous year. The pre-tax profit in the first nine months of the year was 25.2 million euros, showing a growth of 3.5% compared to the previous year. The size of the net profit was influenced by the dividend payment, on which income tax of 6.3 million euros was accrued in the 1st quarter of 2018, whereas a year earlier, income tax was accrued in the amount of 6.4 million euros.

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  • Prolongation of authorities of members of the Supervisory Board of KIA Auto AS

    TKM Auto OÜ, subsidiary of Tallinna Kaubamaja Grupp AS, has resolved as the sole shareholder to prolong the authorities of all members of the Supervisory Board of KIA Auto AS for another 3-year term as of 23 September 2018. Read more

  • Liquidation of Selver Latvia SIA

    On 8 October 2009, Tallinna Kaubamaja Grupp AS published a stock exchange announcement, in which they announced that they would freeze the activities of Selver Latvia SIA, a subsidiary established for operating on the Latvian retail market. Read more

Tallinna Kaubamaja Group

Operators that form Tallinna Kaubamaja Group mostly pursue their business in the sphere of retail and wholesale trade. The Group companies contribute more than one tenth of retail trade in Estonia in general and employ more than 3,500 people.

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