Estonia's car wash chain Mundipesula set to expand into Latvia, Lithuania and Finland

  • 2020-01-03
  • LETA/BNS/TBT Staff

VILNIUS - Mundipesula, a chain of ten self-service car washes with a 35 percent market share in Estonia, is planning to offer services in Latvia, Lithuania and Finland, the business daily Verslo Zinios reported on Friday. 

Arvydas Budrikis, a shareholder of Dzamina, the owner of 15 Plaunu Pats car washes in Lithuania, doubts if the small Estonian company may become a major player in the Lithuanian market, but admits that there is still room for expansion.

Mundipesula projects a profit of 300,000 euros on revenue of 850,000 euros for 2019.