Finnish furniture retail company Indor Group OY with its two furniture retail networks Asko and Sotka plans to open two furniture shops in Lithuania next year.
Published:
19 December 2001 y., Wednesday
Finnish furniture retail company Indor Group OY with its two furniture retail networks Asko and Sotka plans to open two furniture shops in Lithuania next year.
“We will start our activities in Lithuania by opening shops of both – Asko and Sotka networks at the same time, and our goal is to become the market leader in the Baltic States”, says Ora Lyytikainen, Finance Director of Indoor Group.
Asko will offer high quality furniture and interior decoration items, whereas Sotka will aim at middle income clients.
In 2000, Indoor Group had a turnover of EUR 156 million and at present has 26% of the Finnish furniture market. It has been active in Estonia for 5 years, where its annual turnover growth is 30%.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Vladimir Putin appeared on live television and radio for his annual question-and answer session with the public.
more »
EUFISERV Payments announced today that the separation of the EUFISERV ATM Scheme from EUFISERV's former processing business is now complete, and is in line with the SEPA requirements of the European Central Bank and the European Commission.
more »
600,000 Mexicans work in the auto and auto parts industries, and U.S. automakers run around a dozen plants.
more »
The President of the European Commission Jose Barroso says some British politicians are considering signing up to the euro
more »
It's official. The U.S. economy is in a recession.
more »
The crisis that started in the US over a year ago has sent shock waves around the globe.
more »
Offering a coordinated response to the EU’s deepening economic crisis, the Commission is proposing €200bn in measures to boost purchasing power and generate growth and jobs.
more »
The two men charged with keeping Britain's economy afloat moved on Monday to ward off a deepening recession.
more »
European citizens are getting older and greyer. By 2050 it is estimated that the average age in the European Union will be 49, up from 39 now.
more »
Addressing U.S citizens, Barack Obama spoke of plans to revive the economy.
more »