Last update: 18.01.2021 02:13 (GMT+2)

Baltika: Entrance to Poland’s market

17.08.1999, Baltika, TLN
AS BALTIKA
ANNOUNCEMENT
17.08.99


In accordance with AS Baltika strategy to enter the Polish market
as a
part of its Baltoskandia target market, the company has taken the
following steps:

- In August, AS Baltika established in Poland a wholly owned
subsidiary
Baltika Poland Sp.z.o.o., the share capital of which totals 25.0
thousand DEM;

- the company concluded a framework agreement for cooperation with
the
largest Polish department store chain Domy Towarowe "Centrum" and
sold
them the first consignment;

- in August, Baltika Poland will present its Christine Collection,
Baltman and Evermen collections at the Polish largest fashion fair
in
Poznan.


Meelis Milder
Member of the Management Board
+372 63 02 731

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