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Home > Company Index > Retail > Grocery Retailing > Kesko Corporation

Kesko Corporation
 PROFILE
Kesko is big into vertical integration and big into horizontal expansion; it's a giant in importing, distributing, wholesaling, and retailing. Its largest division (which accounts for more than half of sales) supplies food products to about 30,000 customers, including 1,300 of its own "K" food stores (operating in a variety of formats) throughout Finland and Sweden. In Estonia, Finland, Latvia, Russia, and Sweden, Kesko also is a wholesaler and a retailer of home and specialty goods through Anttila department stores, as well as hardware, construction, and agricultural supplies. Kesko owns export/import firm Kaukomarkkinat and imports vehicles made by Volkswagen through its VV-Auto division.

 COMPETITION
Axel Johnson AB (dossier)
ICA Ahold AB (dossier)
Kooperativa Forbundet Group (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 5,939,20
1-Yr. Sales Growth: (3.5)%
Employees: 11,099
Revenue per employee: $535,111,27

 KEY PEOPLE
• Matti Honkala
    CEO
• Juhani Järvi
    CFO

 CONTACT INFO
Satamakatu 3
FIN-00016 Helsinki, Finland
Phone: 358-10-5311
Fax: 358-10-532-3481
Online: Web Site

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