The sales revenue of TKM Grupp was 458.8 million euros in the first six months of 2024
In the first six months of 2024, the sales revenue of TKM Grupp was 458.8 million euros – a 0.4% decrease in comparison with the result of the first six months of 2023. Consolidated unaudited sales revenue was 237.3 million euros in the second quarter, falling short of the result of the previous year by 2.1%. In the first...
Read moreRenewal of lease contract with Viru Keskus
Kaubamaja AS, a subsidiary of TKM Grupp AS, renewed the existing lease contract with AS Viru Keskus for four years, until 2032. Kaubamaja has been the largest lessee of Viru Keskus since its opening in 2004. Kaubamaja AS has approximately 8,700 m2 of retail space in Viru Keskus, where the beauty, women’s fashion, and food departments of Kaubamaja are...
Read moreThe sales revenue of TKM Grupp increased by 1.6% in the first quarter
In the first quarter of 2024, the consolidated unaudited sales revenue of TKM Grupp amounted to 221.5 million euros. The growth in comparison to the first quarter of 2023 was 1.6%. The net profit of the reporting period was 1.5 million euros, which is 2.1 million euros less than the profit of the first quarter of 2023, whereas income...
Read moreDecisions of the annual general meeting of shareholders of Tallinna Kaubamaja Grupp AS 18th of March 2024
The Annual General Meeting of Shareholders of Tallinna Kaubamaja Grupp AS was held on 18th of March 2024 in Tallinn, at Viking Motors dealership at Tammsaare tee 51. 29,269,053 votes, i.e. 71.86% of the Company`s 40,729,200 votes were represented at the meeting and 81 shareholders were represented at the meeting.The decisions of the General Meeting were as follows: 1....
Read moreTKM Grupp confirmed as the new business name of Tallinna Kaubamaja Grupp
The general meeting of shareholders of Tallinna Kaubamaja Grupp AS held today approved TKM Grupp AS as the new business name of the group. The reason for adopting the new business name is creating greater clarity for shareholders and the public. Over the years, the group has grown to become one of the largest companies in Estonia, encompassing several...
Read moreThe 2023 sales revenue of TKM Grupp grew by 9.8%
In the fourth quarter of 2023, the consolidated unaudited sales revenue of TKM Grupp (Tallinna Kaubamaja Grupp AS) amounted to 252.6 million euros, which is a 7.8% increase compared to the same period last year. The sales revenue of 2023 was 947.3 million euros, showing a growth of 9.8% compared to the result of 2022, when the sales revenue...
Read moreEnefit Volt and TKM Kinnisvara join forces to install 31 electric car chargers in the parking lots of Selver
Enefit Volt, Estonia’s largest electric car charging service provider and TKM Kinnisvara AS have started cooperating on the installation of 31 new public electric chargers in 11 parking lots of Selver. 15 of them, are ultra-fast chargers, allowing you to charge the energy needed to cover 100 kilometres in only a few minutes. The electric car market is growing...
Read moreThe Partner Card is now offering the hire purchase option at Kaubamaja
Starting from today, owners of the Partner Card can apply for hire purchase at the cash register when making purchases at Kaubamaja. When making a purchase ranging from 150 to 5,000 euros in the fashion, children’s, home, or beauty department, the payments can be distributed over thirty-six months. The provider of the hire purchase service is TKM Finants AS,...
Read moreThe nine-month sales revenue of TKM Group grew by 10.5%
In the third quarter of 2023, the consolidated unaudited sales revenue of TKM Group (Tallinna Kaubamaja Grupp AS) amounted to 234.1 million euros, which is a 8.2% increase compared to the same period last year. The sales revenue in the nine months was 694.7 million euros, which was a 10.5% increase in comparison with the result of the first nine months...
Read moreTKM Group is establishing a logistics centre in Maardu
Today, on 22 August, TKM Kinnisvara AS, a subsidiary of Tallinna Kaubamaja Grupp (hereinafter TKM Group), and AS Merko Ehitus Eesti signed a contract for the construction of a logistics centre in Maardu. The future logistics centre will serve the companies of TKM Group. The centre will have a total area of 17,200 m2 and will cost around 20...
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