News

February 2023

DISTRIBUTION RIGHTS OF ŠKODA IN LITHUANIA

TALLINN, 03.02.2023, www.nasdaqbaltic.com - TKM Auto OÜ, a wholly owned subsidiary of Tallinna Kaubamaja Grupp AS, has signed a letter of intent with the public limited company Auto 100 according to which the subsidiary company KIA Auto UAB will become the retailer of Škoda in Lithuania in addition to KIA vehicles. The Group holds the retail rights of Škoda in Latvia since 2019. As of 2023, AS Auto 100 is the official importer of Škoda in addition to Estonia and Latvia also in Lithuania.

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DISTRIBUTION RIGHTS OF ŠKODA IN LITHUANIA

January 2023

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October 2020

July 2020

RESTRUCTURATION OF TALLINNA KAUBAMAJA GROUP AND ESTABLISHMENT OF SUBSIDIARIES

RESTRUCTURATION OF TALLINNA KAUBAMAJA GROUP AND ESTABLISHMENT OF SUBSIDIARIES

TALLINN, 20.07.2020, www.nasdaqbaltic.com - With the aim of reorganising the structure of the companies of Tallinna Kaubamaja Grupp, splitting up retail sale and wholesale of beauty products and footwear into separate companies, and developing financial services that support retail trade, the Group’s subsidiaries will be restructured and three new subsidiaries will be established as set out below.

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