Kesko

Kesko
Kesko Oyj
Type Julkinen osakeyhtiö (OMXKESBV)
Industry Retail
Founded 1940
Headquarters Helsinki, Finland
Key people Matti Halmesmäki (President and CEO), Heikki Takamäki (Chairman)
Services Supermarkets and hypermarkets, hardware retail, auto sales, department stores, consumer durables, agricultural supplies
Revenue €8.777 billion (2010)[1]
Operating income €307 million (2010)[1]
Profit €205 million (2010)[1]
Total assets €4.177 billion (end 2010)[1]
Total equity €2.210 billion (end 2010)[1]
Employees 18,215 (average, 2010)[1]
Website www.kesko.fi
Kesko headquarters in Katajanokka, Helsinki, Finland

Kesko is a Finnish retailing conglomerate. It is engaged in the food trade, the home and specialty goods trade, the building and home improvement trade, and the car and machinery trade. It also has subsidiaries in Sweden, Norway, Estonia, Latvia, Lithuania, Russia, and Belarus.

Contents

History

Kesko was formed when four regional wholesaling companies that had been founded by retailers were merged in October 1940.

The new Kesko company started operating at the beginning of 1941. The need to purchase goods for the shareholder-retailers and to support their business operations and start cooperation among them resulted in the forming of the K-retailer group.

By the end of the 1940s, Kesko's sales amounted to about 15 billion old Finnish markkas (equivalent to EUR 580 million in 2010), which was about 12% of the overall sales of the central companies operating in the Finnish trading sector.

Divisions

Food trade

Kesko Food is the leading operator in the Finnish grocery trade. Kesko Food's main functions include the centralised purchasing of products, selection management, logistics, and the development of chain concepts and the store network.

Kesko Food manages the K-food store chains, which are K-citymarket, K-supermarket, K-market and K-extra. There were 1,007 K-food stores in Finland in 2010. The K-food store network is the most comprehensive in Finland and 51% of Finns live less than a kilometre away from a K-food store.

Kesko Food's private brands include Pirkka and Euro Shopper.

Kesko Food’s subsidiary Kespro is the leading wholesaler in the Finnish HoReCa business.

Home and specialty good trade

The home and specialty goods trade comprises Anttila and Kodin Ykkönen, K-citymarket's home and speciality goods, Intersport Finland, Indoor's Asko and Sotka, Musta Pörssi and Kenkäkesko.

Kesko's home and specialty goods trade operates in the clothing, home, sports, leisure, home technology, entertainment and furniture product lines.

The most widely recognised chains are:

  • Anttila, which sells general consumer durables.
  • Kodin Ykkönen, a subsidiary of Anttila, specialises in interior design.
  • Intersport, the Finnish market leader in sports equipment.
  • Musta Pörssi and Konebox, which sell electronics and household appliances.
  • K-Kenkä and Andiamo, which are shoe retailers.

Building and home improvement trade

Rautakesko is an international service provider which retails building, renovation and home improvement supplies in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus.

Rautakesko manages and develops the K-rauta, Rautia, K-maatalous, Byggmakker, Senukai and OMA retail chains and B2B sales in its operating area.

Rautakesko's main functions include the centralised development of chain selections, centralised purchasing and logistics, and the development of chain concepts and the store network.

All stores in Finland are owned by retailer entrepreneurs. There are also approximately 100 retailer-owned stores in Norway. Rautakesko's international business model combines the category management, purchasing, logistics, information system control and network improvements of the company's chains which operate in different countries.

Car and machinery trade

The car and machinery trade segment consists of VV-Auto and Konekesko with their subsidiaries.

VV-Auto and Konekesko represent the leading brands in their market area and are responsible for the sales and after-sales services of these brands either through their own or dealer network. The dealer network is complemented by a network of contract service centres.


References

External links


Wikimedia Foundation. 2010.

Поможем написать курсовую

Look at other dictionaries:

  • Kesko — Oyj Rechtsform Aktiengesellschaft (Finnland) ISIN FI0009000202 Gründung 19 …   Deutsch Wikipedia

  • Kesko — Oyj Тип Публичная компания …   Википедия

  • Kesko — Création 1940 Siège social   …   Wikipédia en Français

  • Kesko — es un conglomerado finlandés de ventas al por menor. Opera, entre otras cosas, en los mercados finlandeses de almacenes, productos de diseño de interiores, reservas para agricultura, maquinaria agrícola, y ventas de autos. También tiene… …   Wikipedia Español

  • Keško — Natalija Obrenović Natalija Obrenović (serbisch Наталија Обреновић, geb. Keško; * 15. Mai 1859 in Florenz; † 8. Mai 1941 in Paris) war Fürstin und Königin von Serbien. Sie wurde in Florenz als Tochter des russischen Oberst Pjotr Keško und der aus …   Deutsch Wikipedia

  • Natalija Keško — Natalija Obrenović Natalija Obrenović (serbisch Наталија Обреновић, geb. Keško; * 15. Mai 1859 in Florenz; † 8. Mai 1941 in Paris) war Fürstin und Königin von Serbien. Sie wurde in Florenz als Tochter des russischen Oberst Pjotr Keško und der aus …   Deutsch Wikipedia

  • Natalija Keško — Natalija Obrenović Natalija Obrenović Natalija Obrenović, en serbe cyrillique, Наталија Обреновић (née à Florence le 14 mai 1859 – morte à Saint Denis le 8 mai 1941)et inhumée à Lardy 91, était l’épouse de Milan IV Obrenović, prince de Serbie,… …   Wikipédia en Français

  • Liste de variétés de pommes de terre finlandaises — Pommes de terres finlandaise Variétés de pomme de terre finlandaises par ordre alphabétique. En Finlande, environ 50 variétés de pommes de terre sont cultivées. Sommaire 1 …   Wikipédia en Français

  • Rimi Baltic — is a major retail operator in the Baltic states based in Riga, Latvia. Rimi Baltic operates 220 retail stores in Estonia (66 stores), Latvia (96 stores) and Lithuania (58 stores) and has distribution centres in each country. The stores have… …   Wikipedia

  • HEX25 — Der OMX Helsinki 25 (OMXH25) ist ein finnischer Börsenindex. Der OMXH25 Aktienindex ist wie der Deutsche Aktienindex ein Performance Index. Über die Zusammensetzung des OMXH25 entscheidet die finnische Börsenaufsicht. Der Index wurde zunächst… …   Deutsch Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”