Finnish retail company Prisma recorded revenues of EUR 115.9mn in H1 in the Baltics and Russia, which indicates increase of 29% y/y. The company indicates that the main drivers of the growth were new shopping centres in St. Petersburg, Vilnius, and Riga. The operating company of the retail chain S Group has opened 28 new stores in H1. The company currently controls 10 shops in the Baltic States, and 8 in Russia, while in total the company operates 1,626 stores across Finland, the Baltics, and Russia. |
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Estonian national airline Estonian Air recorded net loss of EUR 49.2mn in 2012, up from net loss of EUR 17.3mn in 2011. Operating loss amounted to EUR 35.8mn in 2012. Revenues of the company ... more
Lithuanian flour manufacturer Malsena announced that it has acquired Latvian flour manufacturer Rigas Dzirnavieks. The company indicates that with the acquisition it will become the largest flour ... more
Estonian national airline Estonian Air announced that it agreed to pay penalties for returning two excess Embraer E190 aircrafts to the manufacturer. The company has started restructuring and ... more