Unaudited consolidated interim accounts for the fourth quarter and 12 months of 2016
Tallinna Kaubamaja Group’s consolidated unaudited sales revenue for the fourth quarter of 2016 amounted to 162.9 million euros, exceeding the sales revenue of the previous year by 6.6%. The sales revenue of 12 months was 598.4 million euros, having grown by 7.7% compared to the 2015 result, when the sales revenue amounted to 555.4 million euros.
Read moreReporting calendar in 2017
In 2017, the consolidated financial results of Tallinna Kaubamaja Grupp AS will be published on the following dates after the closing of market:
Read moreProlongation of authorities of Management Board of subsidiary of Tallinna Kaubamaja Grupp AS and members of the Audit Committee
The Supervisory Board Tallinna Kaubamaja Kinnisvara AS, the subsidiary of Tallinna Kaubamaja Grupp AS, has resolved to prolong the authorities of member of the Management Board. As per resolution of the Supervisory Board of Tallinna Kaubamaja Kinnisvara AS, Peeter Kütt shall continue as member of the Management Board and his term of authorities was prolonged for another 3-year term...
Read moreFounding a subsidiary
Tallinna Kaubamaja Group is founding a new subsidiary with the aim to develop the group’s automotive business in Lithuania. Tallinna Kaubamaja Kinnisvara AS, a 100% subsidiary of Tallinna Kaubamaja Group AS, is founding a 100% subsidiary with the business name UAB TKM Lietuva in the Republic of Lithuania. The area of activity of the new subsidiary will be property...
Read moreProlongation of authorities of members of the Management Boards of subsidiaries of Tallinna Kaubamaja Grupp AS
The Supervisory Boards of the subsidiaries of Tallinna Kaubamaja Grupp AS, namely Selver AS and Tartu Kaubamaja Kinnisvara OÜ, have resolved to prolong the authorities of members of the Management Board. As per resolution of the Supervisory Board of AS Selver, Kristi Lomp shall continue as member of the Management Board and her term of authorities was prolonged for...
Read moreUnaudited consolidated interim accounts for the third quarter and first nine months of 2016
Tallinna Kaubamaja Group’s consolidated unaudited sales revenue for the third quarter amounted to 148.1 million euros, thereby surpassing the earlier sales revenue of the year by 6.0%. The nine-month sales revenue amounted to 435.5 million euros, indicating a growth by 8.2% in comparison with the 402.6 million euro nine-month sales revenue of the year before.
Read moreUnaudited consolidated interim accounts for the second quarter and first six months of 2016
The unaudited consolidated sales revenue of the 2nd quarter of 2016 of Tallinna Kaubamaja Group was 150.5 million euros, which exceeded the year-on-year sales revenue by 8.0%. The sales revenue of the first half year of 2016 increased by 9.4% to 287.4 million euros compared to the first half year of 2015, when the sales revenue was 262.8 million...
Read moreThe Supreme Court of Estonia referred the dispute regarding Selver AS to the Circuit Court for a new review
With the ruling of 20 January 2016, the Tallinn Circuit Court terminated criminal proceedings regarding Selver AS and its former employee Tiiu Valk on all charges in criminal case 1-14-3730 due to expiry of the limitation period. The Prosecutor’s Office submitted an appeal to the Supreme Court of Estonia. On 20 June 2016, the Supreme Court annulled earlier judgement...
Read moreProceedings of the advertisement-tax refund claims of subsidiaries of Tallinna Kaubamaja Grupp AS
The Tallinn Administrative Court and the Tartu Administrative Court have dismissed the claims for the refund of advertisement tax paid by the subsidiaries of Tallinna Kaubamaja Grupp AS in Tallinn, Tartu, and Pärnu (stock exchange notices of 11 February 2015, 21 May 2015, and 1 December 2015). All aforementioned judgements ruled by the court of first instance were contested...
Read moreSales tax refund claim procedures of subsidiaries of Tallinna Kaubamaja Grupp AS
On 11 August 2014, Tallinna Kaubamaja Grupp AS published a stock exchange announcement, in which it was announced that the subsidiaries of the company will be filing a claim for refund of the sales tax paid in Tallinn in the period from 1 June 2010 to 31 December 2011 in the total amount of 3.27 million euros. The Administrative...
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