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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 Tallinn began on 10 May 2002 with the opening of Mai Selver in Pärnu. Since 18 December 2008 Selver also operated in Latvia, but at the end of 2009 due to the 2008–2010 Latvian financial crisis, financial crisis Selver was forced to close all its 6 supermarkets in Latvia. There are currently 73 stores in operation all over Estonia (as of August 2022). In 2012 – Kulinaaria OÜ – a subsidiary of AS Selver was created. Kulinaaria, which has grown into the most modern food producer in the Baltics, currently supplies Selveri Köök’s food to Selver stores across Estonia. Other clients include the convenience stores of Olerex and Alexela, as well as Tallink ships. In addition to the Selveri Köök brand, the Van Kook and Gurmee Catering b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tallinna Kaubamaja Grupp
Tallinna Kaubamaja Group () is an Estonian trade concern located in Tallinn. The Group's operators deals with both: retail and wholesale trade. Over one tenth of Estonian retail is contributed by the Group. The Group history began in 1960 when Tallinn Department Store 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 product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some compan ... of 651.3 million euros, the Group is 4th in Estonia. The Group is owner of well-known brands like Kaubamaja, Selver, 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supermarket
A supermarket is a self-service Retail#Types of outlets, shop offering a wide variety of food, Drink, beverages and Household goods, household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or Big-box store, big-box market. In everyday American English usage, however, "grocery store" is often casually used as a synonym for "supermarket". The supermarket retail format first appeared around 1930 in the United States as the culmination of almost two decades of retail innovations, and began to spread to other countries after extensive worldwide publicity in 1956. The supermarket typically has places for fresh meat, fresh produce, Dairy product, dairy, Delicatessen, deli items, baked goods, and similar foodstuffs. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenwa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Established In 1995
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supermarkets Of Estonia
A supermarket is a self-service shop offering a wide variety of food, beverages and household products, organized into sections. Strictly speaking, a supermarket is larger and has a wider selection than earlier grocery stores, but is smaller and more limited in the range of merchandise than a hypermarket or big-box market. In everyday American English usage, however, "grocery store" is often casually used as a synonym for "supermarket". The supermarket retail format first appeared around 1930 in the United States as the culmination of almost two decades of retail innovations, and began to spread to other countries after extensive worldwide publicity in 1956. The supermarket typically has places for fresh meat, fresh produce, dairy, deli items, baked goods, and similar foodstuffs. Shelf space is also reserved for canned and packaged goods and for various non-food items such as kitchenware, household cleaners, pharmacy products and pet supplies. Some supermarkets also sell o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Baltic Times
''The Baltic Times'' is an independent monthly newspaper that covers the latest political, economic, business, and cultural events in Estonia, Latvia and Lithuania. History The paper was formed from a merger in 1996 of the ''Baltic Independent'' and ''Baltic Observer''. With offices in Tallinn and Vilnius and its headquarters in Riga, ''The Baltic Times'' remains the only English language print and online newspaper covering all three Baltic states The Baltic states or the Baltic countries is a geopolitical term encompassing Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern co .... Between 1996 and 2012 ''The Baltic Times'' was published weekly and then, until September 2013, twice a month. References External links Official WebsiteLibrary of Congress Newspapers published in Estonia Newspapers published in Latvia Newspapers published in Lithuania Newsp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008–2010 Latvian Financial Crisis
The 2008 Latvian financial crisis, which stemmed from the 2008 financial crisis, was a major economic and political crisis in Latvia. The crisis was generated when an easy credit market burst, resulting in an unemployment crisis, along with the bankruptcy of many companies. Since 2010, economic activity has recovered and Latvia's economic growth rate was the fastest among the EU member states in the first three quarters of 2012. Development In 2008, following years of booming economic success, the Latvian economy took one of the sharpest downturns in the world, picking up pace in the last quarter in which GDP contracted by 10.5%. In February 2009 the Latvian government asked the International Monetary Fund and the European Union for an emergency bailout loan of 7.5 billion Euros, while at the same time the government nationalized Parex Bank, the country's second largest bank. On concerns of bankruptcy, Standard & Poors subsequently downgraded Latvia's credit rating to non- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latvia
Latvia, officially the Republic of Latvia, is a country in the Baltic region of Northern Europe. It is one of the three Baltic states, along with Estonia to the north and Lithuania to the south. It borders Russia to the east and Belarus to the southeast, and shares a Maritime boundary, maritime border with Sweden to the west. Latvia covers an area of , with a population of 1.9million. The country has a Temperate climate, temperate seasonal climate. Its capital and List of cities and towns in Latvia, largest city is Riga. Latvians, who are the titular nation and comprise 65.5% of the country's population, belong to the ethnolinguistic group of the Balts and speak Latvian language, Latvian. Russians in Latvia, Russians are the most prominent minority in the country, at almost a quarter of the population; 37.7% of the population speak Russian language, Russian as their native tongue. After centuries of State of the Teutonic Order, Teutonic, Swedish Livonia, Swedish, Inflanty Voi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pärnu
Pärnu () is the fourth-largest city in Estonia. Situated in southwest Estonia, Pärnu is located south of the Estonian capital, Tallinn, and west of Estonia's second-largest city, Tartu. The city sits off the coast of Pärnu Bay, an inlet of the Gulf of Riga, which is a part of the Baltic Sea. In the city, the Pärnu River drains into the Gulf of Riga. Pärnu is a popular summer Tourism, holiday resort town among Estonians with many hotels, restaurants and large beaches. The city is served by Pärnu Airport. History Pärnu or Old Pärnu (, , ), which was founded by the bishop of Bishopric of Ösel–Wiek, Ösel–Wiek , suffered heavily under pressure of the concurrent town, and was finally destroyed . Another town, Embeke (later , ) was founded by the Livonian Order, who began building an Ordensburg nearby in 1265. The latter town, then known by the German name of , was a member of the Hanseatic League and an important ice-free harbor for Livonia. The Polish–Lithuanian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tallinn
Tallinn is the capital city, capital and List of cities in Estonia, most populous city of Estonia. Situated on a Tallinn Bay, bay in north Estonia, on the shore of the Gulf of Finland of the Baltic Sea, it has a population of (as of 2025) and administratively lies in the Harju County, Harju ''Counties of Estonia, maakond'' (county). Tallinn is the main governmental, financial, industrial, and cultural centre of Estonia. It is located northwest of the country's second largest city, Tartu, however, only south of Helsinki, Finland; it is also west of Saint Petersburg, Russia, north of Riga, Latvia, and east of Stockholm, Sweden. From the 13th century until the first half of the 20th century, Tallinn was known in most of the world by variants of its other historical Names of Tallinn in different languages, name Reval. “Reval” received Lübeck law, Lübeck city rights in 1248; however, the earliest evidence of human settlement in the area dates back nearly 5,000 years. The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lasnamäe
Lasnamäe is the most populous administrative district of Tallinn, the capital of Estonia. The district's population is about 119,000, the majority of which is Russian-speaking. Local housing is mostly represented by 5–16 stories high panel blocks of flats, built in the 1970–1990s. The district lies in the eastern part of Tallinn. In the east it is bordered by the Pirita River; in the north and northwest a limestone escarpment (part of the Baltic Klint) separates Lasnamäe from Pirita and Kesklinn. The district is situated on a flat limestone plateau that lies 30–52 m above sea level. The highest point in Lasnamäe is the Sõjamägi Hill at 54 m asl. Lasnamäe can be divided into two distinct areas: the northern part is residential, while the southern part around Peterburi Road (Tallinn-Narva road, part of E20) and up to the border with Rae Parish is mainly industrial. Lennart Meri Tallinn Airport is also administratively located in Lasnamäe. History The oldest trace ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypermarket
A hypermarket or superstore is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term ''hypermarket'' () was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores, typically have business models focusing on high-volume, low-margin sales. Typically covering an area of , they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints, many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. History Canada Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also retailing clothing, electronics and housewares. Its largest competi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
