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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