kvartal

Baltika: unexpected market situation demands company’s reorganization

Court approved Baltika AS Management Board’s request to execute, in the current market environment, reorganization measures helping to solve temporary payment problems and supporting finalization of the successfully started strategic turnaround. “Baltika will continue daily business operations and in parallel will start reorganization to ensure the company’s sustainability. We have to admit, that COVID-19 crises…

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  • 5
    Brands
  • 9
    Countries
  • 128
    Shops
  • 24 000
    Sales area, m2
  • 47.5 mln
    2017 group turnover, EUR
  • 1 000
    Employees