News

The decision of the General Meeting was as follows: Approval of the division and the division agreement.

NASDAQ OMX TALLINN, 25.07.2012 - The consolidated unaudited sales revenue of the Tallinna Kaubamaja Group in the 1st half-year of 2012 was 224.9 million euros, having increased by 9.1% compared to the 1st half-year of 2011, when the sales revenue was 206.2 million euros. In the second quarter, the Group’s sales revenue reached 118.8 million euros, exceeding the sales revenue of a year earlier by 8.0%

AS Tallinna Kaubamaja has changed the business name of its subsidiary OptiGroup Invest OÜ (with the group’s direct holding of 100%), amended its statutes and elected a new supervisory board. The new business name of OptiGroup Invest OÜ is TKM Auto OÜ

Today, on 03.07.2012, OptiGroup Invest OÜ, a subsidiary of AS Tallinna Kaubamaja, after obtaining the approval of the Estonian Competition Board and the car manufacturers, completed the acquisition of the 100% shareholding in AS Viking Motors.

TALLINN, 22.06.2012, www.bbn.ee - Tallinna Kaubamaja Group that operates two department stores and Selver chain of grocery stores said it had set up a security services company and catering company .

TALLINN, 26.04.2012, www.bbn.ee - The consolidated non-audited sales revenue of the Tallinna Kaubamaja Group for the first quarter of 2012 was 106.0 million euros, having grown by 10.3 pecent.

TALLINN, 24.04.2012, www.kitman.eu - Henceforth the new business name of AS Kitman, the leading public space developer and designer of the Baltic States, is Kitman Thulema AS.

TALLINN, 23.04.2012, www.balbiino.ee - "Consumers value our ice cream’s domestic origin and quality which is why we emphasise the use of real Estonian cream in our ice cream recipes and the increase of our sales volume is a good indication of the fact that people like our products,” Kaido Salurand, the director of AS Balbiino said.

TALLINN, 18.04.2012, www.kitman.eu - The leading public room developer and furnisher in the Baltics Kitman Ltd. obtained a unique sheet-metal bending centre. The 830 000 € investment adds technological capability to Kitman in creating innovative furnishing solutions.