HELSINKI: Finland’s Stockmann has signed an agreement regarding the selling of its subsidiary. The transaction covers over 82 Seppälä stores in Finland.
The selling of Seppälä will improve the Stockmann Group’s profitability. Seppälä’s revenue in 2014 was €92.6 million and operating result excluding non-recurring items was -27.2 million. The purchase price of Seppälä does not have a significant effect on Stockmann’s earnings.
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
LAHORE: Regional Directorate of Customs Intelligence & Investigation has demonstrated exceptional performance in the first two months of the fiscal...
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Capital Development Authority (CDA) would jointly launch a...
KARACHI: Customs Intelligence Officer Yawar Abbas and Customs Preventive Officer Tariq Mehmood who were working against smuggling were kidnapped by...
