Tallinna Kaubamaja Group is Estonia’s most competitive retail enterprise in 2014
On 9th of October Estonian Chamber of Commerce and Industry and Estonian Employers’ Confederation announced the most competitive enterprises in Estonia. The tables were put together by Estonian Institute of Economic Research and 472 enterprises sent their data to the contest this year. Tallinna Kaubamaja Group won the high recognition once again and was announced as the most competitive...
Read moreThe turnover of Tallinna Kaubamaja Group increased by 10.5% in the second quarter
The consolidated unaudited sales revenue of Tallinna Kaubamaja Group in Q2 amounted to 136.7 million euros, up by 10.5% in a year. The turnover of the first half-year increased by 8.7%, net sales increased in all of the group’s areas of activity. The group’s net profit for the first half-year was 4.8 million euros. “There is a good dose...
Read moreDecrease of share capital registered in the Commercial Register
On July 7, 2014, the decrease of share capital of Tallinna Kaubamaja AS was registered in the Commercial Register based on the resolutions adopted by the General Meeting of Shareholders of the company held on March 27, 2014. The new registered share capital of Tallinna Kaubamaja AS is 16,291,680 euros, which is divided into 40,729,200 shares with nominal value...
Read moreProlongation of authorities of members of the Supervisory Board of the Selver AS; and establishment of Supervisory Board in Kulinaaria OÜ
The members of the Supervisory Board of Selver AS, the subsidiary of Tallinna Kaubamaja AS, are Andres Järving (Chairman of the Supervisory Board), Enn Kunila, Jüri Käo and Raul Puusepp. In connection to expiry of term of authorities of the said Supervisory Board members, Tallinna Kaubamaja AS as the sole shareholder has resolved to prolong the authorities of all...
Read moreDecisions of the annual general meeting of shareholders of Tallinna Kaubamaja AS 27.03.2014
The Annual General Meeting of Shareholders of Tallinna Kaubamaja AS was held on 27 March 2014 in the Conference centre of Radisson Blu Hotel Olümpia, Liivalaia 33, Tallinn. 31,897,102 votes, i.e. 78,32% of the Company`s 40,729,200 votes were represented at the meeting. The decisions of the General Meeting were as follows: 1. Approval of the annual report of Tallinna Kaubamaja...
Read moreThe sales revenue of Tallinna Kaubamaja Group increased by 6.6% last year
The unaudited consolidated revenue of Tallinna Kaubamaja Group in 2013 was 498.7 million euros, which is an increase of 6.6% compared to the result of 2012. The sales revenue of the fourth quarter exceeded that of the previous year by 8.5%. The group’s unaudited consolidated net profit in 2013 was 17.5 million euros, which is 16.3% less than last...
Read moreChanges in the Executive Board of a subsidiary of Tallinna Kaubamaja AS, AS TKM King
Former Commercial Director of Kaubamaja AS, Edward Köster, will take the position of the Chairman of the Executive Board and CEO of AS TKM King on 06.12.2013. The former member of the Executive Board of AS TKM King, Enn Parel, who has held a number of leading positions in companies of Tallinna Kaubamaja Group since 2001, will continue his...
Read moreKristi Lomp elected the second member of the Executive Board of AS Selver
The meeting of the Board of Directors of AS Selver that took place on 03.12.2013, decided to elect Sales Director of Selver, Kristi Lomp, the second member of the Executive Board of AS Selver, in addition to the current member, Andres Heinver. Ms Lomp has long-term experiences in the sphere of trade and she has successfully performed the functions...
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