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The Baltika Group is a fashion retailer operating five retail concepts: Monton, Mosaic, Baltman, Bastion and Ivo Nikkolo. Group brands are represented in Eastern and Central Europe. Baltika employs a vertically integrated business model which means that the Group controls all stages of the fashion process: design, manufacturing, supply chain management, distribution/logistics and retail sales. Such a model enables Baltika quickly respond to customers´ needs and wishes.

  Baltika improved in 2013 first quarter result by 440 thousand euros. Quarter’s net loss was 603 thousand euros, which signifies compared to 1,043 thousand euros in prior year an improvement of 42%.
  Baltika exceeded the financial targets set for the year 2012, finishing the year with 3.7 million euros EBITDA, which is 24% higher than planned.