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Baltika AS Signs First Franchise Agreement and Announces Stores Opening


Wednesday, 3 Apr 2013 04:57am EDT 

Baltika AS announced that it has signed, on April 2, 2013, a franchise agreement to open Monton fashion stores in Belarus with Belorussian retail operator Valanga OOO. The plan involves opening in the next five years of at least five Monton stores with an operating area of between 150 square meters and 250 square meters in Minsk. The first Monton store in Belarus and Baltika AS’ first store under franchise agreement will be opened in August 2013. Baltika AS set as the objective for 2013 expansion through various channels and herewith the first franchise agreement has been signed. The Company continues to search for franchise partners in Russia and other countries in the nearby region. 

Company Quote

0.49
0.011 +2.30%
19 Dec 2014