Estonia: Tallinna Kaubamaja’s sales up 12%, net profit up 21% in H1/2023

Estonia’s retail group, Tallinna Kaubamaja GruppĀ (TKM Grupp), posted unaudited consolidated sales revenue of EUR 460.5mn in the first half of 2023, which was up 11.8% from EUR 411.9mn in the same period of 2022, GlobeNewswire reports. Sales of the group’s supermarkets amounted to EUR 301.7mn (up 6.5%), department stores to EUR 51.7mn (up 6.7%), car…

Read More

Estonia: Car owners deserve fair treatment: association

Car owners in Estonia face increasing pressure and deserve fair treatment, Simmo Saar, head of the newly-established Estonian Car Owners Association (EAOL), stated, ERR reports. The new association aims to represent the rights and interests of car owners, including in regard to taxation, highway planning, traffic law, penal policy, and traffic education. EAOL opposes the…

Read More