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Estonia Business News: Archive 2003-

WEEK 33.2006

Wednesday, 16th of August, 2006

Clothing company Klementi established subsidiary company in Ukraine
Board of clothing company AS Klementi decided to establish a subsidiary company LLC PTA Ukraine in Ukraine; company starts retail and wholesale of women’s clothes and accessories. Klementi’s purpose is to expand their store chain PTA on Ukrainian market and thus earn higher retail turnover.
Eesti Päevaleht, Ärileht

Freight turnover of Estonian Railways increased
Freight turnover on Estonian Railways’ infrastructure grew to 3.85 million tons in July, which is more than 10% growth compared to July 2005 and June 2006.
Eesti Päevaleht, Ärileht

RIMI Baltic Group’s turnover grew in July
RIMI Baltic Group’s net profit in July 2006 was EUR 85.3 million and total turnover in seven months 2006 was EUR 535.8 million; turnover grew 18.5% compared to respective period in 2005.
Eesti Päevaleht, Ärileht

Sale grew by 28% in Kristiine trade centre
Sale of the stores operating in Kristiine trade centre was EEK 334.5 million in 2Q, which is 28% more than a year ago. 1.94 million people visited Kristiine trade centre in 2Q; amount of visitors compared to 2Q of 2005 grew 16%.
Eesti Päevaleht, Ärileht

Balbiino’s export to Finland grew more than two times
First seven months’ turnover of ice-cream producer AS Balbiino was EEK 207 million in Estonia; profit was EEK 9 million. Export to Finland grew more than two times and company sold products for more than EEK 7 million to Finland.
Eesti Päevaleht, Ärileht

Thursday, 17th of August, 2006

Seven months’ sales revenue of Amserv Group exceeds EEK 1 billion
Consolidated turnover of Amserv Group, which operates on car sale market, exceeds EEK 1 billion during first seven months of 2006, informs company. Consolidated turnover formed EEK 1.02 billion and income before taxes was EEK 42.6 million. Amserv Group sold 3631 vehicles in Estonia and Latvia during this period.
Äripäev

Friday, 18th of August, 2006

Scania Eesti’s turnover grew by EEK 100 million
AS Scania Eesti’s first six months’ turnover grew to EEK 236.2 million in 2006; turnover of respective period last year was EEK 132.3 million. Company earned EEK 9.4 million income before income tax and sold 157 cars and buses in six months.
Äripäev

Tiigi Centre earned EEK 17 million in 2005
In 2005, Tiigi Centre made EEK 17 million profit. A year earlier company’s turnover was EEK 14.3 million and profit EEK 15.2 million.
Äripäev upancy of Domina Inn Ilmarise was 75%.
Eesti Päevaleht

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