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Retail sales revenue of S Group in the Baltics and Russia from 2013 to 2023 (in million euros)

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Source

Release date

March 2024

Region

Estonia, Latvia, Lithuania, Russia

Survey time period

2013 to 2023

Special properties

Excl. extraordinary items and taxes

Supplementary notes

*Figures include operations in Latvia, Lithuania, Estonia, and Russia.

**Figures include Estonia and Russia

***S Group's business operations in Russia have ended. The business operations of Prismas and hotels in St. Petersburg were sold in June 2022. 

****Since 2023 figures include only Estonia

Some figures have been taken from previous publications.

Citation formats

Retail sales revenue of S Group in the Baltics and Russia 2013-2023

Published by
F. Watty,
Oct 11, 2024

In 2023, the sales revenue of the Finnish retailing cooperative S Group amounted to *** million euros in Estonia. From 2012 to 2014, S Group's retail sales increased steadily in the Baltic countries and Russia, but after peaking at *** million euros in 2014, the retail sales declined each year. In 2017, S Group closed all its operations in Latvia and Lithuania due to unprofitability. The business operations of Prismas and hotels in St. Petersburg were sold in June 2022. S Group ended all business operations in Russia that year. 

S Group is a Finnish cooperative operating in the retail and service sector. The group consists of independent regional cooperatives and SOK Corporation, which is owned by the cooperatives, and its subsidiaries. 

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