• Web Developer

    HT Jobs | - Feed Apr 15, 2018 | 14:55 pm

    Web Developer Web Developer familiar with CMS systems (Joomla, WP etc) and fluent with PHP, HTML5, CSS needed for bug fixes and further development of an exciting IT project. Enthusiasm and ability to learn and improve is more important than experience.The job[…]

  • CTO / Lead Developer

    HT Jobs | - Feed Apr 11, 2018 | 15:05 pm

    CTO / Lead Developer An exciting recently funded startup operating in the healthcare IT domain is looking for an CTO to join and lead (hands on) both engineering and web application development of the company.Job descriptionEternAll Sciences is an e-health startup active in Finland[…]

  • Service Coordinator, Vestas Finland, Vaasa

    HT Jobs | - Feed Feb 3, 2018 | 10:57 am

    Service Coordinator, Vestas Finland, Vaasa Do you have a passion for delivering first class administration service to an organization? Do you want to be a part in an ambitious team in a dynamic environment? Then this challenge might be something for you!PositionSERVICE COORDINATOROrganizationVestas Northern Central[…]



Kesko will begin the conversion of Siwa and Valintatalo corner shops into K-markets as part of a thorough renewal of its network of grocery shops, the retail conglomerate announced on Tuesday.Kesko will begin the conversion of Siwa and Valintatalo corner shops into K-markets next month after securing the requisite approval for its takeover of the operator of the corner shops, Suomen Lähikauppa.

The retail conglomerate states in a press release that the conversions, which are to be completed by the end of next year, will be part of a thorough renewal of its grocery shop network. “As the store network expands, Kesko will recruit and train hundreds of new K-retailers,” it highlights.

Kesko Food, a subsidiary of Kesko, acquired all outstanding shares in Suomen Lähikauppa from the private equity firm Triton for 60 million euros after the Finnish Competition and Consumer Authority (KKV) gave its approval for the takeover on Monday.

Related posts:

- KKV to look closer into Kesko's proposed takeover of Suomen Lähikauppa (14 January, 2016)

- Kesko to take over rivals Siwa and Valintatalo (19 November, 2015)

KKV announced in a press release, however, that its approval is conditional on the willingness of Kesko to sell 60 shops operated by Suomen Lähikauppa to rival retailers and commit to using the same wholesale suppliers as Suomen Lähikauppa for a fixed time period.

“We will now begin to write a new chapter in Finnish neighbourhood retailing with the objective of doubling the footfall in our neighbourhood stores. The acquisition also supports the development of other K-Group grocery stores,” says Mikko Helander, the chief executive of Kesko.

“Suomen Lähikauppa has excellent business locations and the acquisition will enable us to implement our strategy faster than planned and with significantly less capital expenditure. The acquisition also enables significant synergies,” he adds.

Aleksi Teivainen – HT
Photo: Emmi Tulokas – Lehtikuva
Source: Uusi Suomi

Finland in the world press

Helsinki Finland Blustery, 8 °C
Current Conditions
Sunrise: 5:44 am   |   Sunset: 8:55 pm
57%     13.0 m/s     33.898 bar
Sat Low: 3 °C High: 9 °C
Sun Low: 2 °C High: 6 °C
Mon Low: 2 °C High: 6 °C
Tue Low: 4 °C High: 7 °C
Wed Low: 4 °C High: 8 °C
Thu Low: 2 °C High: 9 °C
Fri Low: 2 °C High: 9 °C
Sat Low: 2 °C High: 9 °C
Sun Low: 2 °C High: 8 °C
Mon Low: 3 °C High: 9 °C