Tallinna Kaubamaja Group ( et, Tallinna Kaubamaja Grupp) is

Estonia Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, a ...

n trade concern located in

Tallinn Tallinn () is the most populous and capital city of Estonia. Situated on a bay in north Estonia, on the shore of the Gulf of Finland of the Baltic Sea, Tallinn has a population of 437,811 (as of 2022) and administratively lies in the Harju ' ...

. The Group's operators deals with both:

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...

and

wholesale Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In ...

trade. Over one tenth of Estonian retail is contributed by the Group. The Group history began in 1960 when

Tallinn Department Store Tallinn Department Store ( et, Tallinna Kaubamaja) is a department store in Tallinn, Estonia Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finl ...

was opened. As of 2019, the Group annual profit was 29.8 million euros and therefore the Group belongs to TOP 10 companies in Estonia. By

revenue In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive reven ...

of 651.3 million euros, the Group is 4th in Estonia. The Group is owner of well-known brands like Kaubamaja,

Selver Selver is a chain of supermarkets and hypermarkets operating in Estonia. Selver is a subsidiary of Tallinna Kaubamaja Grupp. The chain was established in 1995 with the opening of Punane Selver in Lasnamäe, Tallinn. Expansion outside of Ta ...

, Selveri Köök, Tartu Kaubamaja Centre, Viking Motors, KIA, ABC King, SHU, I.L.U., Viking Security. The Group employs about 3500 people. The company's market value increased by 2.9% on the stock exchange in 2020. A total of 52,456 transactions were made with the stock in 2020, during which 4.7 million Tallinna Kaubamaja shares changed hands. The total turnover of the transactions was 38.7 million euros. The share of Tallinna Kaubamaja is one of the most actively traded shares on the Nasdaq Baltic stock exchange. In 2020, only Tallink and Šiauliai Bank shares were traded on the Nasdaq Baltic stock exchange (based on turnover). As of September 28, 2021, the market value of Tallinna Kaubamaja is 443.9 million euros, making it the seventh largest company on the Nasdaq Baltic Stock Exchange. Tallink and Šiauliai Bank are comparable in size.

References

External links

*{{official website Companies based in Tallinn Retail companies of Estonia