The Apranga Group plans aggressive expansion and intends to reach the retail
network turnover of LTL 1 billion (EUR 290 million) in the year 2010, or 3.3
times more than in 2006. The trading area of Apranga Group will grow to 110,000
sq. m., and the investments into retail chain will reach LTL 115 million (EUR
33.3 million) by he end of 2010.
Within past 5 years Apranga Group's retail turnover increased 4 times from LTL
75 million (EUR 21.7 million) in 2002 to LTL 299.3 million (EUR 86.7 million)
in 2006. Trading area grew from 9.8 to 39 thousand sq. m. during the same
period, and investments into retail chain expansion totalled LTL 74 million
(EUR 21.4 million).
Apranga Group is owned by the concern MG Baltic.
Vaidas Savukynas
Apranga Group CFO
+370 5 2390843
