Reporting calendar in 2018

In 2018, the consolidated financial results of Tallinna Kaubamaja Grupp AS will be published on the following dates after the closing of market...

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Viking Motors AS to start operating as the official distributor of Peugeot in Estonia

Viking Motors AS, subsidiary of Tallinna Kaubamaja Grupp AS, will start operating as the official distributor of Peugeot in Estonia from 1 January 2018. Until now, Tallinna Kaubamaja Grupp AS has had the right of sale of Peugeot vehicles in Latvia.

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Results of an architectural competition for the Tallinna Kaubamaja quarter

Competition project “CITY BREAK” received the grand prize and the negotiations of the planning agreement shall be conducted with architectural office representing its authors, DAGOpen OÜ.

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Unaudited consolidated interim accounts for the third quarter and first nine months of 2017

The unaudited consolidated sales revenue of the 3rd quarter of 2017 of Tallinna Kaubamaja Group was 160.9 million euros, exceeding the sales revenue of the previous year 8.6%. The sales revenue of nine months was 476.2 million euros, having grown by 9.4% compared to the first nine months of 2016, when the sales revenue amounted to 435.5 million euros.

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Changes in the management boards of the subsidiaries

The Supervisory Board of KIA Auto AS, the subsidiary of Tallinna Kaubamaja Grupp AS, has resolved to prolong the authorities of member of the Management Board. As per resolution of the Supervisory Board, Sven Litvinov shall continue as member of the Management Board and his term of authorities was prolonged for another 3-year term as of 1 November 2017.

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Founding a sales and service centre for new and used cars by Škoda in Latvia

In a company announcement published on 4 July 2017, Tallinna Kaubamaja Grupp AS announced their plans to found a subsidiary in Latvia with the aim to develop car trade. On 12 July 2017, VERTA AUTO SIA was entered into the Latvian commercial register.

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Unaudited consolidated interim accounts for the second quarter and first six months of 2017

The unaudited consolidated sales revenue of the 2nd quarter of 2017 of Tallinna Kaubamaja Group was 164.6 million euros, indicating an increase of 9.4% in a year-on-year basis. The sales revenue of the first six months was 315.3 million euros...

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Founding a subsidiary

Eesmärgiga arendada Tallinna Kaubamaja Grupi autoäri Lätis asutab kontsern uue tütarühingu. Tallinna Kaubamaja Grupp AS 100%-line tütarettevõtja TKM Auto OÜ asutab Läti Vabariigis 100%-lise tütarettevõtja ärinimega VERTE AUTO SIA, mille tegevusvaldkonnaks saab olema autokaubandus ja -teenindus.

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Announcement of an architectural competition for the Tallinna Kaubamaja quarter

Today, on 12 June 2017, an architectural competition is announced in cooperation with the Tallinn City Planning Department and the Estonian Association of Architects for renewing the Kaubamaja quarter - the registered immovables of 2 Gonsiori St. / 6 Rävala Ave. The top architects in Estonia and international firms are expected to participate in the reputable architecture competition. The deadline for submitting competition entries is 21 September 2017 at 5 p.m.

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Supreme Court did not accept for review Selver AS’ appeal

On 15.12.2016 Tallinn Circuit Court ruled to leave unchanged Harju County Court’s ruling of 29.04.2015. Harju County Court convicted Selver AS, a subsidiary of Tallinna Kaubamaja Grupp AS (stock announcement 16.12.2016). Selver AS, being convinced that they have not contravened the law, appealed the ruling to the Supreme Court.

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