News

  • Unaudited consolidated interim accounts for the fourth quarter and twelve months of 2020

    In the fourth quarter of 2020, the consolidated unaudited sales revenue of Tallinna Kaubamaja Grupp was 201.3 million euros, which was 4.5% more than the sales revenue of the same period in 2019. The sales revenue in the twelve months was 741.9 million euros, showing a growth of 3.4% compared to the result of 2019, when the sales revenue was 717.2 million euros. In the fourth quarter of 2020, the Group’s unaudited consolidated net profit was 8.0 million euros, which was 45.6% weaker than the profit of the comparable period in the previous year. The Group’s net profit in 2020 was 19.5 million euros, which is 38.6% lower than the previous year. The pre-tax profit earned in twelve months was 24.0 million euros, showing a 36.4% decrease compared to last year.

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  • Expansion of the field of security services of Tallinna Kaubamaja Grupp AS

    On 30 December 2020, VIKING SECURITY AS, a subsidiary of Tallinna Kaubamaja Grupp AS, entered into an agreement to acquire from P. DUSSMANN EESTI OÜ its security services business in Estonia together with the assets and agreements belonging to it. As of 1 March 2021, as a result of the acquisition of the business, the assets and agreements related to the provision of security services belonging to P.DUSSMANN EESTI OÜ will be transferred to VIKING SECURITY AS in their entirety and unchanged. Security services will continue to be provided under the business name VIKING SECURITY AS. The parties will not disclose the cost of the transaction. Read more

  • Reporting calendar in 2021

    In 2021, the consolidated financial results of Tallinna Kaubamaja Grupp AS will be published on the following dates after the closing of 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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