Company briefs - 2009-07-08

  • 2009-07-08
The turnover of Rimi Baltic stores dropped 13 percent in June 2009, compared to June 2008, with sales reaching 99.8 million euros. The drop mirrors a trend, which saw Rimi Baltic sales reach 599.1 million euro, 5.9 percent less than the same period in 2008. Rimi Baltic has 243 stores in the Baltic States, including 77 in Estonia, 101 in Latvia and 65 in Lithuania.

Dutch businessman Johannes Wientjes has bought luxury hotel The Three Sisters in Tallinn. The hotel, which was first built in 1362 in the unique hanseatic style, was previously owned by Estonian entrepreneur Tarmo Sumberg. Wientjes is also the owner of the Fashion Palace mall. The Three Sisters is a member of the prestigious Design Hotels group.