Good for Business, Lithuania, Markets and Companies, Retail

The Rimi Baltic group, which owns Rimi Lietuva, saw its turnover grow 2.6% to 757.6 mln euros during the period, its Swedish owner ICA Gruppen said in its financial report.

Rimi Baltic's revenue in Latvia rose 2.7% to 398.5 mln euros, and it dropped 1.4% to 186.3 mln euros in Estonia.

In the second quarter, y-o-y, Rimi Baltic's sales in Lithuania grew 3.5% to 86.3 mln euros. Its turnover grew 0.9% to 200.4 mln euros, and sales went down by 7.9% to 90.2 mln euros in Estonia. The group's total turnover was off 0.8% to 376.9 mln euros.

Rimi Baltic operated 277 stores in the first half f this year, unchanged from last year. They included 131 stores in Latvia (130 last year), 84 (86) in Estonia and 62 (61) in Lithuania.