Rimi Eesti Food makes 3.8 MEUR profit

Rimi Eesti Food, owner of the Rimi and Säästumarket chains, made a net profit of 59.8 million kroons in 2008, nearly 13% more than the year before.
The sales proceeds of Rimi Eesti Food grew by nearly 8 percent last year to 6.12 billion kroons.
Rimi Eesti Food notes in its annual report that the market share of the company was 22% last year.
The company invested 144 million kroons last year and provided jobs to an average of 2 599 people, and paid out 280 million kroons in salaries plus social tax.
Rimi Eesti Food will pay no dividends this year. The retained profit of the company is 65 million kroons.
Rimi Eesti Food belongs to the Swedish ICA AB group.

Source: Estonian Review