News

  • 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.

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  • 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

  • Unaudited consolidated interim accounts for the third quarter and first nine months of 2020

    In the third quarter of 2020, the consolidated unaudited sales revenue of Tallinna Kaubamaja Grupp was 194.2 million euros, which was 8.1% higher than the sales revenue of the same period in 2019. The sales revenue in the first nine months was 540.7 million euros, which was a 3.1% increase in comparison with the result of the first nine months of 2019, when the sales revenue was 524.6 million euros. The Group’s consolidated unaudited net profit of the third quarter of 2020 was 7.4 million euros, which was about a third less than the profit of the comparable period in 2019. The Group’s net profit of the first nine months of 2020 was 11.5 million euros, which was also about a third less than the result of the previous comparable period. In the first nine months of 2020, pre-tax profit was 17.3 million euros, which is 26.3% less than the year before. Net profit was affected by the dividend payment, from which 5.8 million euros of income tax was calculated in the first quarter of 2020; 6.5 million euros of income tax was calculated a year before. 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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