Vilnius, Lithuania, 2014-12-04 10:32 CET (GLOBE NEWSWIRE) -- Apranga Group plans to reach LTL 704 million (EUR 204 million) turnover (including VAT) in 2015, or by about 10% more, than expected the year 2014 turnover.
Apranga Group plans to open or reconstruct 16-20 stores during 2015. Investments are planned to amount to about LTL 20-25 million (EUR 5.8-7.2 million).
According to the revised plans for the year 2014, Apranga Group will open 20 new stores, 8 stores will be reconstructed. Investments in 2014 are planned to be around LTL 32 million (EUR 9.3 million).
Shares of Apranga are listed on Baltic equity list on Nasdaq Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.
Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801