TKM Grupp

In May, Kaubamaja’s e-shop won the *kaubandus.ee* award for the most user-friendly grocery e-store in the retail category.

Tallinna Kaubamaja Grupp’s Partnerkaard loyalty program introduced Partner Kuukaart, allowing customers to pay for current month purchases in the following month at Partnerkaard stores, including Kaubamaja, Selver, ABC King, SHU, I.L.U., L’Occitane, and the group’s e-shops.

At Selver’s December 3, 2013, board meeting, Kristi Lomp was elected as a second board member alongside Andres Heinver. Lomp, Selver’s sales director since 2010, brings extensive retail experience.

TKM Grupp expanded its security segment in the Baltics by acquiring Walde SIA in Latvia and signing a deal to buy a wholesale security systems distributor in Estonia, Latvia, and Lithuania. Walde AS and Walde SIA will fully own SIA Evidence Network, Evidence Network Eesti OÜ, and UAB Evidence Network Lietuva.

Tallinna Kaubamaja Grupp’s first-half consolidated revenue reached €235.8 million, up 4.9% year-over-year, with a net profit of €2.4 million.

Tallinna Kaubamaja’s Q1 consolidated revenue rose to €112 million, a 5.6% year-over-year increase, with a net profit of €1.5 million. Rising household spending on non-food items slowed wholesale trade growth.

A Kantar Emor study found e-Selver remains the leading grocery e-store, with the widest customer base and highest loyalty and satisfaction rates. It is seen as the most trustworthy, offering convenient, simple shopping with fresh, high-quality goods and a broad selection.

The audit committee of TKM Grupp advises the board on oversight matters, compiling an annual report assessing its activities. It collaborates with the board, management, auditors, and external experts as needed.

Tallinna Kaubamaja Grupp AS has a single-member board led by Raul Puusepp, whose term expires March 5, 2029. The supervisory board includes Jüri Käo (chair), Enn Kunila, Kristo Anton, Meelis Milder, and Gunnar Kraft, with terms ending May 20, 2027. Käo has served since 1997, previously leading the board in 2000–2001 and 2009–2027.

As of May 1, 2016, Tiit Mägi joined AS TKM King’s management board as CEO, operating ABC King and SHU stores as a subsidiary of Tallinna Kaubamaja Grupp AS.

TKM Grupp’s core activities include retail and wholesale trade, accounting for nearly 10% of Estonia’s retail sector and employing over 4,700 people. Its Partnerkaard loyalty program connects stores with over 750,000 customers.

TKM Grupp’s companies focus on retail and wholesale trade, representing nearly 10% of Estonia’s retail sector and employing over 4,700 people. The Partnerkaard loyalty program, linking its stores, has over 750,000 customers.

TKM Grupp AS’s privacy policy outlines principles for processing personal data in its operations, ensuring compliance with laws and best practices for lawful, transparent, and secure handling.

TKM Group is establishing **Walde SIA** in Latvia to expand its security systems wholesale operations. The company also signed agreements to acquire three wholesale security firms in Estonia, Latvia, and Lithuania. These moves strengthen TKM Group’s regional distribution network for security products.

Oct 2026TKM Grupp ASNews article

Jaanus Vihand joins Selver AS as a new Management Board member and CEO, effective October 26, 2026. He also becomes Chairman of the Supervisory Board of Kulinaaria OÜ, a Selver subsidiary. Kristi Simonsen, current Selver Management Board member and Kulinaaria Chairman, departs TKM Group on the same date.

Oct 2026TKM Grupp ASNews article

TKM Group reports third-quarter 2026 sales revenue of **€251.7 million**, an **8.2% year-over-year increase**. The company’s nine-month total reaches **€735.2 million**, up **8.1%** compared to the same period in 2025. Figures reflect unaudited consolidated results.

Oct 2026TKM Grupp ASNews article

TKM Group reports **EUR 483.6 million in first-half 2026 sales**, an **8.0% year-on-year increase**, with **Q2 revenue of EUR 255.2 million**—up **9.6%** from the same period last year. The growth reflects continued expansion in consolidated operations across the group’s business segments. Financial figures remain unaudited.

Jul 2026TKM Grupp ASNews article