Decisions 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...
Read moreThe sales revenue of TKM Grupp increased by 13.8% in the second quarter
In the second quarter of 2023, the consolidated unaudited sales revenue of TKM Grupp (Tallinna Kaubamaja Grupp AS) amounted to 242.5 million euros, which is a 13.8% increase compared to the sales revenue of the same period last year. The sales revenue in the first six months was 460.5 million euros, which is an 11.8% increase compared to the...
Read moreTallinna Kaubamaja Grupp will start using a new visual identity – TKM GRUPP
The visual switch of Tallinna Kaubamaja Grupp to TKM Grupp is the first stage of the planned update – in the future, a proposal will be made to the meeting of shareholders to also change the business name to TKM Grupp. The reason for adopting the new mark is to create more clarity for the shareholders and the public,...
Read moreThe first-quarter sales revenue of Tallinna Kaubamaja Grupp increased by 9.6%
In the first quarter of 2023, the consolidated unaudited sales revenue of Tallinna Kaubamaja Grupp was 218.1 million euros, which was 9.6% more than the sales revenue of the same period in 2022. The net profit of the Group for the first quarter of 2023 was 0.6 million euros, which increased by 43.2% compared to the first quarter of...
Read more