Kesko Senukai Lithuania sets sights on PayRay Bank
ERA Family Finance is owned by the president of Keso Senukai Lithuania, Arturas Rakauskas. The DIY store chain is seeking to take over the PayRay Bank, which has faced sanctions [..]
Rimi Lithuania H1 revenue up 5.4 pct to EUR 230 mln
Rimi Lietuva, one of Lithuania’s biggest supermarket chains, posted a 5.4 percent annual increase in revenue to 230.3 million euros, excluding VAT, for the first half of this year. In [..]
Circle K pays most tax among Lithuania’s retailers in H1 – 136.7 million euros
Circle K Lietuva (Circle K Lithuania), one of the largest fuel retail chains in Lithuania, paid the highest amount of taxes into the state coffers among retailers in the first [..]
Lidl Lithuania to cut share capital by EUR 30 mln, return funds to shareholder
Lidl Lietuva, a leading supermarket chain in Lithuania, is reducing its authorized share capital by 30 million euros, with the funds to be paid to its sole shareholder, the German [..]
Gardening retailer Hortes to undergo restructuring
Gardening retailer Hortes, which has been struggling with tax debts and has not submitted annual reports for the past two years, is set to undergo court-ordered restructuring, Postimees reports. With [..]
Retail trade 2024: hyperinflation may be over, but prices will continue to rise in Estonia – Kristjan Anderson, Selver AS
Journalist’s Ain Alvela interview with Selver AS Business Accounting Manager Kristjan Anderson. The sales volume of Estonian groceries has been on a downward trend since March 2022, turnover at current [..]
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