Kesko ranked 31st on the Global 100 Most Sustainable Corporations in the World list; the only Finnish company included in the list every year

Helsinki, Finland, 2018-Jan-25 — /EPR Retail News/ — Kesko has been ranked 31st on the Global 100 Most Sustainable Corporations in the World list, and as the most sustainable trading sector company in the world. Kesko is the only Finnish company to be included in the list every year since it was established in 2005.

“We at the K Group have always believed in the power of sustainability and have been open-mindedly working towards it for decades. Responsible actions originated with our retailers and our comprehensive corporate responsibility work expanded from there. We wish to make sustainable choices easier for the consumers. We firmly believe that welfare in the society around us also means welfare for the K Group. We highly value this recognition and will continue our determined work towards a better society and better environment”, says Mikko Helander, Kesko’s President and CEO.

The Global 100 list is prepared by the Canada-based Corporate Knights Inc. and it is based on a global evaluation of 5,994 publicly listed companies. Companies were evaluated on a set of up to 17 environmental, social and governance indicators.

The list represents the top companies in the world in terms of sustainability. The 2018 Global 100 list was published today at the World Economic Forum in Davos, Switzerland. Last year, Kesko ranked 25th.

Sustainability demands actions 

In autumn 2017, Kesko rose to the world’s most prestigious sustainability indices, the DJSI World and the DJSI Europe.

Also in 2017, Kesko was the first Finnish company to set science-based targets for reducing the emissions resulting from its facilities, transportation use, and supply chains. To achieve the ambitious emission reduction targets, Kesko is increasing its use of renewable energy while also improving its energy efficiency.

K Group systematically invests in renewable energy. Since the beginning of 2017, all electricity purchased by Kesko in Finland has been renewable. Twenty solar plants are already in operation on K-store rooftops.

K Group promotes circular economy with various actions. For example, inedible food waste is collected from 200 K-food stores and Kesko’s central warehouse and made into biogas, which is then used as energy in the manufacture of new Pirkka products. K Group is constantly developing new operating models for the recycling and reuse of plastics to prevent plastics from ending up in waters and nature.

Further information is available from Matti Kalervo, Vice President of Corporate Responsibility, tel. +358 50 306 4081, matti.kalervo@kesko.fi

The 2018 Global 100 list is available at www.corporateknights.com/global100/

Kesko and K-retailers form K Group, whose sales total over €13 billion. K Group is the third largest retail operator in northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 28,000 people. Kesko has nearly 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi 

SOURCE: Kesko Corporation

The President of the Republic of Finland grants the honorary title of vuorineuvos to Kesko President and CEO Mikko Helander

Helsinki, Finland, 2017-Dec-04 — /EPR Retail News/ — Mikko Helander, Master of Science (Technology), President and CEO, and vuorineuvos, was born in 1960. Helander has acted as President and CEO of Kesko since 1 January 2015. Before joining Kesko, Helander acted as CEO of Metsä Board Corporation between 2006 and 2014, CEO of Metsä Tissue Corporation between 2003 and 2006, and in various management positions at Valmet Corporation between 1990 and 2003.

Mikko Helander has also been entrusted with, for example, the following duties: Chairman of the board of Ilmarinen Mutual Pension Insurance Company; member of the board (Chairman as of 1 January 2018) of the Finnish Commerce Federation; member of the board of the Confederation of Finnish Industries EK.

Further information on Mikko Helander’s career and duties can be found at: https://www.kesko.fi/en/company/administration-and-management/group-management-board/.

Media desk:

viestinta@kesko.fi
tel.+358 10 53 50200 (Mon-Fri 8-16)

Source: Kesko Corporation

Kesko appoints Karoliina Partanen SVP Communications and Identity and Eeva Salmenpohja VP Public Affairs

20171023 HELSINKI Kesko, henkilökuvaus Eeva Salmenpohja KUVA ©Riitta Supperi

20171023 HELSINKI Kesko, henkilökuvaus Karoliina Partanen KUVA ©Riitta Supperi

Karoliina Partanen appointed Senior Vice President, Communications and Identity and Eeva Salmenpohja Vice President, Public Affairs under the President and CEO at Kesko

Helsinki, Finland, 2017-Oct-27 — /EPR Retail News/ — Karoliina Partanen, M.Sc. (Soc.), (40), has been appointed Senior Vice President, Communications and Identity at Kesko Group as of 1 November 2017. Partanen has previously worked as Kesko’s grocery trade division’s Vice President of Communications and a member of the Management Board. Before joining Kesko, Partanen held various executive positions in global communications, marketing and brand management at Metso Corporation, and worked for the management consultancy Pohjoisranta Burson-Marsteller as Senior Advisor.

Eeva Salmenpohja, M.Sc. (Soc.), (38), has been appointed Vice President, Public Affairs at Kesko Group as of 1 November 2017. Salmenpohja joined Kesko on 1 February 2017, having previously worked as Special Adviser for the Minister of Family Affairs and Social Services and in various labour and education policy expert positions at Akava and the Finnish Association of Business School Graduates.

Both Partanen and Salmenpohja will report to President and CEO Mikko Helander.

“These appointments reflect the efforts by K Group and Kesko to engage in more active and interactive communications and management of stakeholder relations and K Group’s role as an active member of society. I am happy to have Karoliina Partanen and Eeva Salmenpohja join my core team. Their experience and background represent the kind of expertise the transforming K Group will need in the multifaceted communications landscape of the future,” says Mikko Helander, President and CEO.

Further information: Matti Mettälä, Executive Vice President, HR, tel. +358 10 532 2200

DISTRIBUTION
Main news media
www.kesko.fi

Kesko and K-retailers form the K Group, whose sales total over €13 billion. K Group is the third largest retail operator in Northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 28,000 people. Kesko has nearly 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main business premises are in Helsinki. Kesko is the world’s most responsible trading sector company (The Global 100 Most Sustainable Corporations in the World) www.kesko.fi

SOURCE: Kesko Corporation

Kesko completes transaction with Yamaha Motor Europe N.V.

Helsinki, 2017-Jul-03 — /EPR Retail News/ — Konekesko Ltd, a Kesko Corporation subsidiary, has sold its Yamarin boat business to Inhan Tehtaat Oy Ab, a subsidiary owned by Yamaha Motor Europe N.V. At the same time, the transfer of the representation of Yamaha’s recreational machinery in Finland from Konekesko Ltd to Yamaha Motor Europe N.V. was also completed.

On 19 December 2016, Kesko Corporation announced in a press release that it would sell its Yamarin boat business and Yamaha representation in Finland. The Finnish Competition and Consumer Authority (FCCA) announced on 20 April 2017 that it would approve the transaction. There were no conditions imposed on the completion of the transaction in the decision.

The transaction includes Konekesko Ltd’s Yamarin boat business, the import of Yamaha products and the representations of certain other brands. In 2016, the aggregate pro forma net sales of the operations being sold amounted to €61 million. The parties have agreed that the transaction price will not be disclosed.

Further information:
Investors and analysts:
Kia Aejmelaeus
VP Investor Relations
tel. +358 105 322 533
kia.aejmelaeus@kesko.fi

Media:
Riikka Toivonen
Head of Financial Communications
tel. +358 105 323 495, riikka.toivonen@kesko.fi

Source: Kesko Corporation

Kesko and Oriola finalise establishment of joint venture; New chain’s name, concept to be announced

First stores and the online store of the new chain specialising in health, beauty and wellbeing will be opened in the autumn 2017.

Helsinki, 2017-Jul-03 — /EPR Retail News/ — In March of this year, Kesko and Oriola announced their intention to establish a new store chain specialising in comprehensive wellbeing across Finland. Finland’s Competition and Consumer Authority approved the establishment of the joint venture on 26 June 2017 and the establishment of the company has now been finalised. Both parties own 50 per cent of the new company.

The first phase objective is to build a chain of 100 stores and an online store. The plan is to expand the business to include pharmaceuticals if the legislation is amended. Approximately 15 stores will open by the end of 2017. The new chain is estimated to create 1,000 new jobs in Finland.

“Together with Oriola we will build a leading health, beauty and wellbeing chain that Finns can trust. Kesko has extensive experience in the grocery trade and a strong K consumer brand. Oriola, for its part, is a highly valued distributor of health and wellbeing products and an expert in the pharmaceutical sector. We will announce the chain’s name, concept and the location of the first stores in the next few months,” says Jorma Rauhala, Kesko’s Executive Vice President and President for the grocery trade.

“We are delighted that the establishment of the joint venture has now been finalised and its operation can begin. The preparations of the joint venture’s operation together with Kesko have proceeded extremely well and the first stores will be opened in the autumn,” says Kimmo Virtanen, Oriola’s Executive Vice President.

In the first phase, Kesko and Oriola will make a total investment of approximately €25 million in the joint venture.

Kesko and Oriola announced the joint venture with a stock exchange release on 13 March 2017. The future company’s management group will be that, which was named during the spring. Finland’s Competition and Consumer Authority gave permission to establish the company on 26 June  2017.

K Group

Kesko and K-retailers form K Group, whose sales total over €13 billion. K Group is the third largest retail operator in Northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 30,000 people. Kesko has some 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main business premises are in Helsinki. Kesko is the world’s most responsible trading sector company (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

Oriola

Oriola is a Finnish listed retail and wholesale company that distributes pharmaceuticals and health and wellbeing products. Oriola has a strong position in the pharmaceuticals market in Sweden, Finland and the Baltics. We promote people’s wellbeing by ensuring safe and efficient distribution of pharmaceuticals and healthcare consumer products and services to our customers. Oriola’s net sales are €1.6 billion, the company has 2,821 employees and 325 pharmacies in Sweden and Latvia. The company is headquartered in Espoo. www.oriola.com

Further information:

Karoliina Partanen
Vice President
Communications
Kesko grocery trade
tel. +358 40 584 5298
e-mail: karoliina.partanen@kesko.fi

Leena Lahti
Communications Manager
Oriola Oyj
tel. +358 50 367 3304
e-mail: leena.lahti@oriola.com

Source: Kesko Corporation

Kesko completes divestment of Indoor Group to a company owned by Sievi Capital Oyj

Helsinki, 2017-Jul-03 — /EPR Retail News/ — Kesko Corporation has sold Indoor Group, which is responsible for the Asko and Sotka furniture trade chains, to a company owned by Sievi Capital Oyj, three franchising entrepreneurs from the Sotka chain and Etera Mutual Pension Insurance Company. The debt free price of the sale, structured as a share transaction, was €67 million.

Kesko’s strategic objective is to achieve growth in the Finnish grocery trade, growth and expansion within the building and technical trade in Europe as well as growth in the car trade.

In 2016, the net sales of Indoor Group were €187 million and the operating profit was €9.8 million. The debt free price of the divestment was €67 million of which €62 million was paid in cash and €5 million as an interest bearing loan that the seller grants to the buyer. Kesko Corporation will record a profit of approximately €15 million on the divestment in the second quarter financial results for 2017.

Further information:
Investors and analysts:
Kia Aejmelaeus
VP Investor Relations
tel. +358 105 322 533
kia.aejmelaeus@kesko.fi

Media:
Riikka Toivonen
Head of Financial Communications
tel. +358 105 323 495
riikka.toivonen@kesko.fi

Source: Kesko Corporation

Kesko the first Finnish retail company to set science-based targets to reduce emissions operations and supply chain

Helsinki, 2017-Jun-23 — /EPR Retail News/ — Kesko is the first Finnish retail company to set science-based targets to reduce emissions from facilities, transportation and the supply chain. To achieve these ambitious emission reduction targets, Kesko will increase its use of renewable energy while also improving its energy efficiency.

The Science Based Targets initiative (SBTi) is a collaboration between CDP, World Resources Institute (WRI), WWF and the UN Global Compact. SBTi enables companies to state their commitment to the target of below 2 °C global warming as set by the Paris Climate Agreement.

Emission targets for 2025

Kesko commits to reduce its scope 1 and 2 emissions 18% by 2025, using a 2015 base year. As for scope 3 emissions, Kesko commits that 90% of its key suppliers will set greenhouse gas (GHG) emissions reduction targets by 2025.

Scope 1 emissions are direct emissions from transportation and Kesko’s own heat production. Scope 2 emissions are indirect emissions from the consumption of purchased electricity and the generation of district heat. Scope 3 emissions are other indirect emissions from the manufacture of products sold.

In the initiative, emission targets will be validated against the SBTi criteria, and a list of approved companies will be published on the SBTi website. Kesko is the first retail company in Finland whose emission targets have been formally approved by the initiative.

Science-based targets provide investors and other stakeholders with an excellent tool for comparing companies and their emission targets.

“Setting science-based targets supports the K Group in its commitment to the goals of the Paris Climate Agreement and the UN Sustainable Development Goals. In our responsibility programme, we have committed ourselves to the mitigation of climate change and the promotion of renewable energy production,” says Matti Kalervo, Kesko’s Vice President for Corporate Responsibility.

Cutting emissions through renewable energy and energy-saving solutions in-store

All electricity purchased by Kesko in Finland has been renewable since the beginning of 2017. Kesko purchases Nordic renewable electricity that participates in the Renewable Energy Guarantee of Origin (REGO) scheme.

There are 16 solar power plants on the rooftops of K Group stores, making the K Group the biggest producer and user of solar power in Finland.

The K Group participated in the commerce sector Energy Efficiency Agreement for 2008-2016, under which it committed itself to improving its annual energy efficiency by 65 GWh by the end of 2016. As a result of determined actions, the K Group has exceeded expectations and has improved its energy efficiency by 67 GWh.

The K Group is committed to the 2017-2025 action plan included in the commerce sector’s Energy Efficiency Agreement. In accordance with the agreement, the K Group has made a commitment to reduce its energy consumption through various savings measures by 7.5%, which amounts to approximately 79 GWh. The agreement covers all of the K Group’s store chains.

Kesko’s efforts to improve energy efficiency in its stores are focused on remote monitoring, LED lighting, lids and doors on refrigeration equipment, condensation heat recovery, and the use of carbon dioxide as the refrigerant.

Kesko Logistics aims to reduce emissions relative to the net sales index by 10% by 2020 from the 2011 level. Emissions will be reduced through optimised transport routes, efficient reverse logistics, two-tier trailers, and training in economical driving styles.

The range of electric and hybrid cars available through Kesko’s car dealers is increasing. The K Group offers its customers an extensive network of free electric vehicle charging points at various store sites.

http://sciencebasedtargets.org/
www.kesko.fi

Kesko and K-retailers form the K Group, whose sales total over €13 billion. The K Group is the third largest retail operator in Northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 30,000 people. Kesko has some 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main business premises are in Helsinki. Kesko is the world’s most responsible trading sector company (The Global 100 Most Sustainable Corporations in the World).

Further information:

Matti Kalervo
Vice President
Corporate Responsibility
Kesko Corporation
matti.kalervo@kesko.fi
tel. +358 50 306 4081

Source: Kesko Corporation

Kesko sells seven store sites in Estonia and Latvia to UAB Baltic Retail Properties

Helsinki, 2017-May-26 — /EPR Retail News/ — Kesko has sold seven store sites used by Kesko Senukai in Estonia and Latvia to the property investment company UAB Baltic Retail Properties. At the same time, Kesko has acquired a 10% shareholding in the property investment company.

UAB Baltic Retail Properties’ main shareholder is CPA:17 – Global, a property investment fund managed by the US based W. P. Carey Inc., with a 70% ownership interest. The three owners of the property investment company remain in the company as minor shareholders with a total shareholding of 20%.

UAB Baltic Retail Properties has already earlier been an important lessor to Kesko Senukai in Lithuania. In connection with the arrangement, Kesko Senukai has once again leased store sites, which the investment company had already previously owned, as well as new store sites, which have now been transferred to the investment company for its use on 15-year leases with extension options.

The entire deal is valued at approximately €174 million. The selling price of the properties owned by Kesko was €64 million, generating a profit of €50 million on the divestment. Kesko Group’s net cash inflow from the arrangement before tax is approximately €58 million. Kesko Group leases a total of 19 store sites from the property investment company and as a result of the arrangement, lease liabilities increased by approximately €124 million. The arrangement will not have any significant impact on profit.

Kesko Senukai is the Kesko Group company responsible for building and home improvement trade operations in the Baltics and Belarus. Kesko Senukai is the clear market leader in the in the region with 54 stores. In 2016, Kesko Senukai’s sales were close to €600 million.

Kesko and K-retailers form K Group, whose sales total over €13 billion. K Group is the third largest retail operator in Northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 30,000 people. Kesko has over 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main business premises are in Helsinki. Kesko is the world’s most responsible trading sector company (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

Further information:

Jukka Erlund
Executive Vice President
Chief Financial Officer
jukka.erlund@kesko.fi
tel. +358 105 322 113

Riikka Toivonen
Head of Financial Communications
riikka.toivonen@kesko.fi
tel. +358 105 323 495

Source: Kesko Corporation

Kesko and Yamaha deal gets approval from The Finnish Competition and Consumer Authority (FCCA)

  • The Finnish Competition and Consumer Authority has approved the transaction between Kesko and Yamaha
  • The Finnish Competition and Consumer Authority (FCCA) has approved the transaction in which Konekesko Ltd, a Kesko Corporation subsidiary, sells its Yamarin boat business to Inhan Tehtaat Oy Ab, a subsidiary owned by Yamaha Motor Europe N.V. At the same time, the transfer of the representation of Yamaha’s recreational machinery in Finland from Konekesko Ltd to Yamaha Motor Europe N.V. has been approved.

Helsinki, Finland, 2017-Apr-21 — /EPR Retail News/ — In its decision given on 20 April 2017, the FCCA has approved the transaction in which Kesko sells its Yamarin boat business and representation of Yamaha in Finland. There are no conditions imposed on the completion of the transaction in the decision.

On 19 December 2016, Kesko Corporation announced in a stock exchange release that it would sell its Yamarin boat business and Yamaha representation in Finland. The transaction includes Konekesko Ltd’s Yamarin boat business, the import of Yamaha products and the representations of certain other brands.

Kesko’s objective is to have the transaction completed no later than the third quarter.

Further information:
Antti Meriläinen, SVP, Kesko’s agricultural and machinery trade, antti.jo.merilainen@kesko.fi, tel. +358 105 320 492
Riikka Toivonen, Head of Financial Communications, riikka.toivonen@kesko.fi, tel. +358 105 323 495

www.kesko.fi

SOURCE: Kesko Corporation

Kesko now on 100% renewable electricity

Helsinki, 2017-Jan-30 — /EPR Retail News/ — Since the beginning of 2017, all electricity purchased by Kesko in Finland is renewable. In 2017, the amount of electricity purchased by Kesko will be approximately 540 GWh. This electricity will be used in K-stores and the K-Group’s other properties.

Especially food stores and food warehouses consume a lot of electricity to maintain the cold chain of foodstuffs. In addition, electricity is used in the lighting of those premises and cooling in the summer. The K-Group accounts for approximately 1% of all electricity consumed in Finland.

“The global energy production is transferring to renewable energy sources. When we purchase renewable electricity, we promote the production of renewable energy and support the objectives of the K-Group’s climate work,” says Construction and Maintenance Director Jukka Anttila of Kesko’s grocery trade.

In its responsibility programme, Kesko has committed to mitigate climate change and promote the production of renewable energy. The transfer to renewable electricity also supports the K-Group’s commitment to the Paris Climate Agreement’s targets and the UN Sustainable Development Goal 7 ‘Affordable and clean energy’ and Goal 13 ‘Climate action’.

Kesko purchases renewable electricity that has The Renewable Energy Guarantee of Origin (REGO) from the Nordic countries. In 2017, electricity purchases will especially focus on Finnish bioenergy. Bioenergy is based on, for example, by-products from the forest industry and wood based fuels.

K-Group also increases own renewable energy production

Starting from 2016, the K-Group has significantly increased its production and use of solar power. In June 2016, Finland’s biggest property specific solar power plant was completed on the rooftop of K-Citymarket Tammisto, Helsinki. By summer 2017, the K-Group will have four more even bigger solar power plants than that in Tammisto and there will be as many as 16 solar power plants operating on the rooftops of the K-Group’s stores. The new investments will make the K-Group Finland’s biggest producer and user of solar power.

Kesko’s Annual Report, environmental section: http://annualreport2015.kesko.fi/gri-report/performance-indicators/environmental-impacts/

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2015, Kesko’s net sales totalled €8.7 billion and it employed nearly 20,000 people. Kesko operates in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi

Further information:

Jukka Anttila
Construction and Maintenance Director
Kesko’s grocery trade
tel. +358 50 61978
jukka.k.anttila@kesko.fi

Matti Kalervo
Vice President
Corporate Responsibility
Kesko Corporation
tel. +358 50 306 4081
matti.kalervo@kesko.fi

Source: Kesko

Kesko ranked 25th and the only Finnish company included in the Global 100 Most Sustainable Corporations in the World list

Helsinki, 2017-Jan-19 — /EPR Retail News/ — Kesko has been ranked 25th in the Global 100 Most Sustainable Corporations in the World list and, at the same time, as the most sustainable trading sector company in the world. Kesko is the only Finnish company included in the list every year since it was established in 2005.

The Global 100 Most Sustainable Corporations in the World list has been announced at the World Economic Forum in Davos, Switzerland. For the list, companies were assessed on 14 sustainability indicators in the areas of economic, social and environmental responsibility.

“Responsible business is essential for the achievement of good and sustainable financial results. Good corporate governance, responsibility assurance and supply chain transparency are the basis of our operations,” says Kesko President and CEO Mikko Helander.

Responsibility is reflected in the K-Group’s daily operations

The K-Group wants to be a pioneer in corporate responsibility and stakeholders also expect us to operate responsibly.

In November 2016, we published the UN Sustainable Development Goals and a Kesko website where we explain how we promote the 17 UN Sustainable Development Goals.

We completed a human rights impact assessment in compliance with UN’s Guiding Principles on Business and Human Rights and published a human rights commitment in September 2016.

In October 2016, we published the K Code of Conduct, which outlines the shared guidelines for the work of each Kesko employee and business partner.

In December 2016, we started building solar power plants on the rooftops of seven new K-food stores. By summer 2017, there will be as many as 15 solar power plants on K-food store roofs. These new investments will make the K-Group Finland’s biggest producer and user of solar power.

Kesko participates in the 2017-2025 action plan of the commerce sector Energy Efficiency Agreement. In accordance with the agreement, Kesko commits itself to reducing its energy consumption by 7.5% through various saving measures.

The Global 100 list is prepared by Canada-based Corporate Knights Inc. and is based on a global assessment of around 4,000 listed companies.

The Global 100 list for 2017 has been published at http://www.corporateknights.com/reports/global-100/.

Read more: Kesko’s ranking in sustainability indices
http://kesko.fi/en/investor/share-information/equity-indices/sustainability-indices/

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2015, Kesko’s net sales totalled €8.7 billion and it employed over 20,000 people. Kesko operates in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi

Further information:
Matti Kalervo
Kesko Corporation
Vice President
Corporate Responsibility
tel. +358 50 306 4081
matti.kalervo@kesko.fi

Source: Kesko Corporation

Kesko to sell its Yamarin boat business to Inha Works Ltd

Helsinki, 2016-Dec-22 — /EPR Retail News/ — Konekesko Ltd, part of Kesko Group, has made an agreement to sell its Yamarin boat business to Inha Works Ltd, a subsidiary owned by Yamaha Motor Europe N.V.  The representation of Yamaha’s recreational machinery in Finland transfers From Konekesko Ltd to Yamaha Motor Europe N.V.

Kesko’s strategic objective is growth in the Finnish grocery trade, the building and technical trade and the car trade.

Yamaha Motor Europe N.V. will establish a country office of its own in Finland to be responsible for the sales and marketing and after sales services of Yamaha products and selected boat brands.

“I’m very pleased that the manufacture of Yamarin boats and the import of Yamaha’s recreational machinery will continue in the ownership of our long-standing partner Yamaha Motor Europe. We see that this transaction provides the Finnish Yamarin with the best possible opportunities to progress and grow in both the national and the export market,” says Antti Meriläinen, Senior Vice President, agricultural and machinery trade.

The sale includes Konekesko Ltd’s Yamarin boat business, the import of Yamaha products and the representations of certain other brands. In 2015, the aggregate pro forma net sales of the operations being sold were €65 million. The parties have agreed that the transaction price is not disclosed. The people working in the businesses being disposed of will transfer to the employment of the new operators under their existing contracts in connection with the transaction.

The completion of the transaction is subject to the approval of the Finnish Competition and Consumer Authority (FCCA) and the fulfilment of the other terms and conditions of the transaction. The transaction is expected to be completed during the first half of 2017.

Kesko and K-retailers form the K-Group, whose sales total over €13 billion. The K-Group is the third largest retail operator in northern Europe and it employs approximately 45,000 people. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko’s net sales are €10 billion and it employs approximately 30,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko is a listed company and its shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. Kesko is the world’s most sustainable trading sector company (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

Yamaha Motor Europe (www.yamaha-motor.eu) based in Amsterdam (the Netherlands) is a full subsidiary of Yamaha Motor Company Limited, Japan, a global leader in the manufacturing and sales of Outboard Motors, Personal Water Craft and other recreational craft (Power Two Wheelers, Golf cars and All-terrain vehicles). In Europe, Yamaha is market leader for Outboard Motors, providing a wide range of models from 2.5 to 350 Horsepower.

Buster Boats, Inha Works Ltd, (www.busterboats.fi) is the largest aluminum boats manufacturer in Europe and one of the leading companies in the Nordic recreational boats market. The Company has a product offering consisting of Buster branded, multi-purpose aluminum boats. Buster key markets consist of Finland, Sweden, Norway and Russia. Inha Works’ factory is located in Ähtäri and its head office and product development are in Raisio.

Contact:
Antti Meriläinen
SVP
Kesko’s agricultural and machinery trade
antti.jo.merilainen@kesko.fi
tel. +358 105 320 492

Riikka Toivonen
Head of Financial Communications
riikka.toivonen@kesko.fi
tel. +358 105 323 495

Juha Lehtola
President, Buster Boats – Inha Works Ltd.
Juha.Lehtola@busterboats.com
tel. +358 40 550 0624

Remko Visser
Department Manager Sales & Marketing, Marine Division, Yamaha Motor Europe N.V.
remko.visser@yamaha-motor.nl
tel. +31 653 527 241

Source: Kesko Group

Kesko seeks new digital talents for its K Digital unit

Last summer’s recruitment of 50 digital talents continues as Kesko now recruits nearly 20 new digital experts.

HELSINKI, 2016-Nov-08 — /EPR Retail News/ — Kesko is employing different digital business experts in new jobs. New talent is sought for web, marketing and business analytics, targeted marketing, programmatic buying, Plussa concept development and customer service as well as project management.

The K Digital unit supports the digitisation of business operations in the K-Group’s strategic growth areas and its operations are based on the customer and data. The focus areas are management by data and targeted marketing. The renewal of Plussa towards the most personally rewarding customer loyalty scheme continues in the form of, for example, better acknowledgement of customers who concentrate their purchases and the expansion of the Plussa cooperation network.

K-Group is building customer experience into superior competitive advantage

The K-Group’s strategic objective is to provide the K-Group’s customers with the best digital services. High-quality, multi-channel digital services help strengthen the customer experience and the competitiveness of the K-Group’s business operations.

“As a centre of expertise, our unit plays an important part in promoting the change of the entire K-Group. We offer interesting challenges and the opportunity to influence for digital business professionals,” says Kesko’s Chief Digital Officer Anni Ronkainen.

Leveraging customer data gives significant competitive advantage. The K-Group develops the customer experience by making use of the possibilities of digital marketing as well as mobile and online services.

“We have the privilege of witnessing the digital transition. Witnessing how technology changes the world and improves the quality of life for even billions of people. No similar transition will take place during our lifetimes. The work we do in the K-Group influences the daily lives of all Finnish people. That keeps our attitude humble,” says Ronkainen.

The about 45,000 exceptionally nice people of the K-Group work daily to make shopping fun for customers in our stores in the Nordic countries, the Baltic countries, Poland, Russia and Belarus. We help our more than 1,500 stores serve their customers in the grocery trade, the building and technical trade, and the car trade. We do our work with a big heart while paying attention to society and the environment. We are already the most responsible food retailer in the world and always eager to try out something new. We are doing this to offer good choices both on the shelves of the local stores and online. www.kesko.fi

Further information:
Chief Digital Officer
Anni Ronkainen
Kesko Corporation
tel. +358 105 322 259
anni.ronkainen@kesko.fi

http://kesko.fi/digital

Source:  Kesko

Kesko to reduce its energy consumption by 7.5% through various saving measures in 2017-2025

HELSINKI, 2016-Oct-18 — /EPR Retail News/ — Kesko participates in the 2017-2025 action plan of the commerce sector Energy Efficiency Agreement. In accordance with the agreement, Kesko commits itself to reducing its energy consumption by 7.5% through various saving measures. All K-Group store chains are included in the agreement.

The Energy Efficiency Agreement for Industries is an agreement between the state and industries on efficient energy use. Companies join the Energy Efficiency Agreement scheme by signing a separate Accession Document for their sector and committing themselves to enhancing their energy use in accordance with the actions and targets therein.

Kesko signed the Accession Document for the commerce sector action plan on 14 October 2016 and committed itself to reducing its energy consumption through various saving measures by 7.5%.

Kesko already joined the commerce sector Energy Efficiency Agreement signed in 2008, under which it committed itself to improving its energy efficiency by 65 GWh at the annual level by the end of 2016. By the end of 2015, Kesko had enhanced its electricity and heat consumption by 64 GWh and achieved 97% of the target.

Energy efficiency through remote monitoring and refrigeration equipment solutions

Kesko’s long-term efforts to improve energy efficiency include, for example:

Lighting

LED lights have been introduced in the lighting solutions for the store site projects of grocery stores and building and home improvement stores. They help save up to 50% electricity compared to traditional lighting.

Lids and doors on refrigeration equipment

In K-food stores, lids on chest freezers help save 40% of energy compared to uncovered equipment. Doors on dairy and juice cabinets also help save energy.

Real Estate Managers

Kesko’s 37 Real Estate Managers help K-stores find ways in which to make their energy consumption more efficient. Regular monitoring, remote supervision of technical building service processes and duplication of best energy efficiency practices of different properties are used to maintain an optimal level of energy consumption.

Remote monitoring of stores’ refrigeration equipment

Remote monitoring enables refrigeration equipment to be adjusted for optimum temperatures and defrosting cycles. In addition, possible deviations can be responded to immediately. The remote monitoring of refrigeration equipment helped save approximately 5.5 GWh of energy in 2015.

Condensation heat recovery

Condensation heat from refrigeration equipment is recovered at nearly all K-food stores, which means that additional heat energy is needed only during very low sub-zero temperatures. Increasingly many K-food stores also use carbon dioxide recovered from industrial processes as an environmentally friendly alternative as the refrigerant in their refrigeration equipment.

Solar utilities

Kesko promotes the production of renewable energy and contributes to the mitigation of climate change by investing in solar power.

Solar utilities producing electricity for stores’ own consumption are gradually becoming more widely used at the K-Group’s store sites. In summer 2016,a property-specific solar utility was built on the roof of K-citymarket Tammisto in Vantaa, and the solar utility on the roof of K-citymarket Lielahti in Tampere has been operating since 1997. By the end of this year, Kesko will install solar utility panels on the roofs of six K-supermarkets in different parts of Finland.

The about 45,000 exceptionally nice people of the K-Group work daily to make shopping fun for customers in our stores in the Nordic countries, the Baltic countries, Poland and Russia. We help our more than 1,500 stores serve their customers in the grocery trade, the building and technical trade, and the car trade. We do our work with a big heart while paying attention to society and the environment. We are already the most responsible food retailer in the world and always eager to try out something new. We are doing this to offer good choices both on the shelves of the local stores and online. www.kesko.fi

Further information:
Matti Kalervo
Vice President
Corporate Responsibility
Kesko Corporation
tel. +358 50 306 4081
matti.kalervo@kesko.fi

Jari Suuronen
Technical Building Services Manager
Kesko’s grocery trade
tel. +358 50 409 6513
jari.suuronen@kesko.fi

Source: Kesko

Kesko partners with Tieto to accelerate development of K-Group’s new digital services

HELSINKI, 2016-Oct-12 — /EPR Retail News/ — Kesko has signed an extensive cooperation agreement with Tieto to significantly enhance its functions related to the maintenance and development of ICT services. The renewal is aimed to accelerate the development of the K-Group’s new digital services and the improvement of user experience.

”Tieto was chosen from among 20 leading ICT service companies, because it could best meet Kesko’s strategic requirements for the improvement of effectiveness and quality of continuous services, as well as investments in new technologies and competencies that underpin Kesko’s growth strategy,” says Chief Information Officer Arto Hiltunen.

The renewal will help unify the K-Group’s ICT services and system architecture. The change is aimed to enhance ICT functions, increase agility in the development of digital services and ensure uninterrupted business processes.

”The new, more cost effective, standardized ICT environment will enable us to invest more strongly in the development of new digital services for the K-Group customers, personnel and partners.”

The agreement signed with Tieto is for five years. Kesko’s other information and communication technology partners include, for example, Elisa, Fujitsu, OpusCapita and Gapgemini.

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2015, Kesko’s net sales totalled €8.7 billion and it employed nearly 20,000 people. Kesko operates in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi

Further information:
Arto Hiltunen
CIO
Kesko Corporation
tel. +358 105 322 191

Source: Kesko

Kesko publishes statement of commitment on human rights

HELSINKI, 2016-Sep-24 — /EPR Retail News/ — Kesko has completed a human rights impact assessment in compliance with UN’s Guiding Principles on Business and Human Rights. The extensive survey involved listening to the views of customers, personnel and high-risk country factory workers on human rights and on the implementation of human rights in the K-Group’s operations.

In 2014, Kesko initiated a human rights impact assessment in compliance with the UN’s Guiding Principles on Business and Human Rights. The principles obligate business enterprises to respect human rights in all their operations. Business enterprises shall survey the human rights impacts and risks of their operations, create systems to avoid the risks and lay out processes for any corrective actions.

During the work, identified salient human rights impacts were investigated, risks related to them were assessed, and monitoring, indicators and corrective actions were agreed on.Human rights assessment is a continuous process for Kesko that will be reviewed every three years and updated on the website.

Non-discrimination, accessibility and availability important for customers

During the autumn of 2015 and spring of 2016, the views of stakeholders on human rights and their implementation in the operations of the K-Group were surveyed.

“We heard our stakeholders in order to investigate how different customer groups saw human rights implemented in various situations in stores. District coordinators of SASK interviewed factory workers in factories manufacturing Kesko’s branded goods in four high-risk countries: China, India, Bangladesh and the Philippines. For our own personnel, we utilized Kesko’s personnel survey and surveyed chief shop stewards”, says Matti Kalervo, Kesko’s Vice President for Corporate Responsibility.

Customer hearings reinforced Kesko’s view that the right to health, children’s right to special protection and the prohibition of discrimination are seen by customers as the most central human rights that Kesko has to take care of. Special attention has to be paid to the zero tolerance of discrimination, the development and maintenance of grievance mechanisms for discrimination as well as the development and maintenance of accessibility and availability.

The results from the assessments of high-risk country factories in China, India, Bangladesh and the Philippines were largely consistent with BSCI and SA8000 reports. Employment relationships were found to be fragile, and there were omissions in working hours and overtime pay, among other things. Employee organisations were found to be practically prohibited. Kesko has forwarded the information to the BSCI organisation for future development of auditing procedures.

Kesko published its statement of commitment on human rights

In compliance with the UN’s Guiding Principles on Business and Human Rights, the management of a responsible company shall make a public statement of commitment on human rights.

Kesko has published the following statement of commitment on its website:

· Kesko respects all internationally recognized human rights.
· In compliance with the due diligence obligation, Kesko has, and will, establish its procedures and practices in ways which respect human rights in all of Kesko’s operations.
· Kesko’s operations have a salient impact on the human rights of four groups: customers, personnel, purchasing chains and communities in which we operate.
· Kesko listens to its stakeholders’ views on human rights and takes them into account in the development of its operations.
· Kesko expects its business partners to respect all internationally recognised human rights.

See Kesko’s entire human rights assessment at www.kesko.fi/humanrightscommitment.

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2015, Kesko’s net sales totalled €8.7 billion and it employed more than 20,000 people. Kesko operates in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi

Further information:
Matti Kalervo
Kesko Corporation
Vice President for Corporate Responsibility
tel. +358 50 306 4081
matti.kalervo@kesko.fi

Source: Kesko Corporation

Kesko’s building and technical trade division to build an international digital team of 50 people based in Helsinki, Stockholm and Vilnius

HELSINKI, 2016-Jun-15 — /EPR Retail News/ — Kesko’s building and technical trade division is strengthening the development of ecommerce and digital services by building an international digital team of 50 people based in Helsinki, Stockholm and Vilnius.

“The K-Group’s strategic objective is to provide its customers with the best omnichannel customer experience, best digital services and wide ecommerce offering. To be able to reach these goals, we are boosting up the development work in our business divisions”, says Kesko Chief Digital Officer Anni Ronkainen.

“We are operating in nine countries and now we are building an international team of 50 experts for digital development. The team will be led from Finland. We are looking for digital business professionals with varied backgrounds to lead the digital transformation and the change in Kesko. We want to offer challenging work for professionals in an international environment of building and technical trade”, says Matti Pohjola, ecommerce director.

“The ecommerce markets in Kesko’s operating countries are currently in different development phases. For example in Sweden, the online shopping in building and home improvement trade is growing fast. By being close to the markets, we can create the best product and service offering to our customers”, Pohjola says.

“Retail industry provides ecommerce and digital service developers with challenging and rewarding omnichannel environment, where you can create new services that will help both consumers and professional customers,” says Jussi-Pekka Erkkola, development director, digital services.

Kesko’s building and technical trade business division operates currently in nine countries offering the top assortment and expertise in its sector.

For further information:

Go to www.kesko.fi/digital

eCommerce Director Matti Pohjola, matti.pohjola@kesko.fi, tel. +358 50 362 4781

Development Director Jussi-Pekka Erkkola, Jussi-pekka.erkkola@kesko.fi, tel. +358 40 802 3405

The 45,000 exceptionally nice people of the K-Group work daily to make shopping fun for customers in our stores in the Nordic countries, the Baltic countries, Poland and Russia. We help our more than 1,500 stores serve their customers in the grocery trade, building and technical trade and the car trade. Our customers in the building and technical trade are served by Onninen, K-rauta, Rautia, Byggmakker, Senukai, OMA and Rautakesko B2B Service.

We do our work with big heart while paying attention to society and the environment. We are already the most responsible food retailer in the world and are constantly trying out something new. We are doing this to provide good choices both on the shelves of the local stores and online. Read more: www.kesko.fi

Kesko to rundown Kerava logistics centre

HELSINKI, 2016-Apr-07 — /EPR Retail News/ — Kesko sold Anttila’s business operations to investment fund 4K Invest in March 2015 and part of the transaction was an agreement according to which Kesko would produce all logistics services for the department stores and online trade needed by Anttila Oy from the logistics centre in Kerava.

Anttila has decided that it will not extend the agreement with Kesko after the expiry of the term, and despite careful examination, no replacement warehousing operations have been found. For these reasons, Kesko has to start planning the rundown of the logistics centre. At the same time, however, Kesko will continue to examine options for the future of the logistics centre.

Cooperation negotiations on possible workforce reduction will start involving a total of 131 Rautakesko Ltd employees working in the logistics centre. The aim is to find a job in Kesko’s other functions for as many of them as possible.

“The logistics centre in Kerava was primarily designed to serve the logistics need of such home and speciality goods trade which Kesko has abandoned in line with its new strategy. In this division, our focus is on the building and technical trade. So far, we have not found replacement warehousing operations for the centre despite careful examination”, says Vice President Tommi Kasurinen of Kesko’s home improvement and speciality goods trade.

Further information: Vice President Jennie Stenbom, HR and communications, Kesko’s home improvement and speciality goods trade, tel. +358 105 322 356

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2015, Kesko’s net sales totalled €8.7 billion and it employed nearly 20,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. Kesko is the most sustainable trading sector company in the world (Food and Staples Retailing, The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

Media desk:
viestinta (at) kesko.fi or tel. +358 10 53 50200.

Merja Haverinen
Vice President, Group Communications
Phone +358 10 53 22764
firstname.lastname@kesko.fi

Harri Utoslahti
Communications Manager
Phone +358 10 53 22616
firstname.lastname@kesko.fi

Kesko and Neste updates its Neste K service station concept to provide comprehensive service experience

HELSINKI, 2016-Mar-31 — /EPR Retail News/ — Kesko and Neste are leading Finnish service stations into a new era. The new Neste K service station concept has been built on the basis of customer feedback, resulting in a cosy milieu, a menu designed by a top chef, restrooms updated by an interior designer and high quality services for motorists. New Neste K service stations provide a comprehensive service experience, in line with the ‘Tactics for Better Stops’.

“The refurbishment of Neste K service stations is part of Kesko’s neighbourhood market strategy – we want to offer our customers high quality and personalised services quickly and easily. Motorists often stop at service stations only when they need to. In line with Neste K’s Tactics for Better Stops, we want to provide our customers with such a good service that all the people on the road will find Neste K a choice they cannot pass by without stopping. The change involves a new kind of service culture, which puts the customer and quality in the centre of all activities,” says Jorma Rauhala, Senior Vice President for Kesko’s grocery trade.

“The new Neste K station concept will further deepen our cooperation with Kesko. We are pleased to see that we share the aim of providing joy to customers on the move. Our own station network is very important for us, as it enables us to offer our customers high quality fuels, refined in Finland, as well as other products and services needed by motorists. We absolutely want to be profiled at the top of the stations in customer encounters and our service and product offering,” says Antti Tiitola, Executive Vice President for oil retail business area at Neste.

Neste K service stations will not be copies of each other but every station will have its special needs and opportunities depending on location and clientele.

“We want to give retailer entrepreneurs at Neste K service stations a chance to voice their own views – making each Neste K different and unique. Retailers know their customers and can tailor the station’s services and selections of food and groceries to meet their needs,” says Rauhala.

Tasty food and versatile services in pleasant premises

The aim of Neste K stations is to deliver a superior food experience to customers on the road. The stations will offer customers varied and high quality food, either consumed on site or taken away. The menu choices of the service stations have been designed by Pekka Terävä, an awarded top chef. Coffee lovers will be treated with an array of special coffees.

Neste K service stations range from compact 100 square metre city stations to nearly 2,000 square metre stations for long distance motorists. The leading idea in the design and use of space is to provide an ecological, cosy and functional ambience. The restrooms of Neste K service stations will be clean and pleasant. The premises designed by the interior design company dSign Vertti Kivi & Co make use of moving image and voice, for example.

Neste K service stations will provide their customers with tidy and modern refuelling yards and high quality additional services, such as free wifi in the restaurant, the Osta&Nosta cash withdrawal at checkouts service, a recharging point for electric cars, and the QuickWash car wash services based on the latest technology.

The first new Neste K station opened its doors at Teiskontie road in Tampere on 22 March 2016, and all the current 70 joint stations of Neste and Kesko are due to be changed and refurbished to become Neste K service stations by the end of 2017. The aim is to build a network of close to 100 Neste K stations. The total capital expenditure will be tens of millions of euros.

Further information:
Jorma Rauhala, Senior Vice President, grocery trade, Kesko Corporation, tel. +358 10 5322 211
Mikko Paukkonen, Vice President, Neste K service station concept, Kesko Corporation, tel. +358 50 567 9761
Antti Tiitola, Executive Vice President, oil retail business area, Neste Corporation, tel. +358 10 458 4273

K-Group

The about 40,000 exceptionally nice people of the K-Group work daily to make shopping fun for customers in our stores in the Nordic countries, the Baltic countries and Russia. We help our more than 1,500 stores serve their customers in the grocery trade, the home improvement and speciality goods trade, and the car trade. We do our work with big heart while paying attention to society and the environment. We are already the most responsible food retailer in the world and are constantly trying out something new. We are doing this to provide good choices both on the shelves of the local stores and online.www.kesko.fi

Neste
Neste is a pioneer in oil refining and renewable solutions. We provide our customers with premium-quality products for cleaner traffic and industrial products based on world-class research. We are the world’s leading producer of renewable diesel, and our annual production capacity is more than 2 million tons. We also are the world’s largest company providing renewable fuel from waste and residues. Our sustainable operations have received recognition in the Dow Jones Sustainability World Index and the Global 100 list of the world’s most sustainable companies, among others. Our net sales for 2015 amounted to approximately EUR 11 billion, and our shares are listed on NASDAQ Helsinki. Cleaner traffic, energy and life are moved forward by about 5,000 professionals. More information:
neste.com/en

K-retailers and Kesko to hire around 5,000 summer employees next summer

K-retailers and Kesko will have a total of around 5,000 summer employees next summer. The number is approximately the same as in previous years. The K-Group is one of the largest summer employers in Finland.

HELSINKI, Finland, 2016-Feb-04 — /EPR Retail News/ — In the K-Group, most of the summer jobs for young people and students are available at K-food stores. Summer is high season for building and home improvement stores, too, which hire seasonal workers to their yard and garden departments. Summer jobs available at Kesko are at the warehouses, for instance.

“The number of summer employees is divided in such a way that K-retailers employ nearly 4,000, while Kesko Group with its subsidiaries hire more than 1,000 summer employees,” says Kesko Corporation’s Recruitment Specialist Anu Haapoja.

Good induction makes work a pleasure

For many young people, a summer job is their first experience of the working life -something they will remember long. The K-Group takes responsibility by providing young people with a brisk start in their jobs.

The K-Group has collected feedback on the work and particularly on the induction from young employees. On the basis of this feedback, special material has been prepared to support retailers and supervisors in this induction. In addition, there is also online training on induction available which contains information on the K-Group’s common working principles, customer service and responsibility.

“A proper induction makes work more enjoyable and promotes a brisk approach. It is nice to come to a K-job when you know how to act and whom to turn to for help. Our online training material serves as a general introduction to working life which may still be somewhat unfamiliar to young people,” says Haapoja.

In retail stores, the K-job mainly consists of shelving products, keeping the store neat and tidy, and serving customers. Particularly in small stores, duties often get more varied and more responsible as the summer proceeds and the employee’s skills increase.

Most summer employees start work in June, but in retail stores the summer job season begins in May and continues until late August.

Many ways to finding employment

Kesko and K-retailers employ young people through many channels. The Learn and Earn summer training programme gives experience of the retailing sector to the youngest. Many retailers accept students for short-term orientation in working life. If the training period goes well, the result may be a permanent job in the store. Kesko and K-retailers also participate in the Youth Guarantee programme. Since August 2013, more than 2,500 young people in the sphere of the Youth Guarantee have been employed by the K-Group.

“Kesko and K-stores annually employ around 10,000 young people aged under 30 in Finland,” says Haapoja.

Further information: Recruitment SpecialistAnu Haapoja, tel. +358 105337245

More information about employment for the young in Kesko and K-stores at http://www.kesko.fi/en/Careers/k-job/summer-jobs/

The 40,000 exceptionally nice people of the K-Group work daily to make shopping fun for customers in our stores in the Nordic countries, the Baltic countries and Russia. We help our more than 1,500 stores serve their customers in the grocery trade, the home improvement and speciality goods trade, and the car trade. We do our work with big heart while paying attention to society and the environment. We are already the most responsible food retailer in the world and are constantly trying out something new. We are doing this to provide good choices both on the shelves of the local stores and online at www.kesko fi.

Kesko ranked 15th in Global 100 Most Sustainable Corporations in the World list

In the Global 100 Most Sustainable Corporations in the World list, Kesko ranked 15th and was, at the same time, the most sustainable trading sector company in the world. The list of the most sustainable corporations is announced today at the World Economic Forum in Davos.

HELSINKI, Finland, 2016-Jan-22 — /EPR Retail News/ —  The companies in the Global 100 Most Sustainable Corporations in the World list were assessed on 12 sustainability indicators in the areas of economic, social and environmental responsibility.

Sustainability provides the basis for all operations in the K-Group and is visible in our daily work.

“Kesko’s long-term corporate responsibility work is based on our strategy and responsibility programme. The programme comprises all of our divisions and contains short, medium and long term objectives. All our operations are guided by our value: Customer and quality – in everything we do,” says Kesko’s President and CEO Mikko Helander.

Kesko’s systematic work to mitigate climate change is bearing fruit. As much as 98% of the savings target set in the trading sector energy efficiency agreement for 2016 has already been achieved. In November 2015, Kesko was included in CDP’s Climate A List for the first time. The list consists of 113 selected companies that are considered to be operating in an exemplary manner with regard to mitigating climate change.

The most recent energy savings method is the cooperation started by Kesko’s grocery trade, Gasum, Myllyn Paras and Wursti in September 2015: biogas produced from inedible biowaste that is collected from retail stores is utilized as energy in the manufacture of new Pirkka products.

Kesko aims to identify the entire supply chain of products, while also ensuring that the ingredients are responsibly sourced. Work to assess the origin of ingredients in own brand categories – Pirkka and K-Menu products – was carried out in 2015.

Over the course of 2015, Kesko continued to assess human rights impacts in accordance with the UN Guiding Principles on Business and Human Rights.

The Global 100 Most Sustainable Corporations in the World list for 2016 is announced at the meeting of the World Economic Forum in Davos on 21 January. The list is prepared by Canada-based Corporate Knights Inc. and is based on a global assessment of 4,608 listed companies.

The Global 100 list for 2016 has been published at www.global100.org.

Further information available from Vice President Matti Kalervo, Corporate Responsibility, Kesko Corporation, tel. +358 50 306 4081.

Kesko’s ranking in sustainability indices
http://www.kesko.fi/en/investor/share-information/equity-indices/sustainability-indices/

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2014, Kesko’s net sales totalled €9.1 billion and it employed nearly 20,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. www.kesko.fi

SOURCE: KESKO

Kesko’s VV-Auto Group Oy and MAN Truck & Bus AG sign agreement on the import of MAN trucks

VV-Auto Group Oy and MAN Truck & Bus AG have entered into an agreement on the import of MAN trucks, MAN buses and Neoplan buses and their spare parts, and the related after-sales services in Finland.

HELSINKI, Finland, 2015-12-18 — /EPR Retail News/ — “Car sales are one of the three strategic growth areas of the new Kesko. This agreement will support VV-Auto’s growth strategy and enhance our cooperation with the Volkswagen Group, enabling us to serve an even wider customer base,” says Pekka Lahti, President of VV-Auto Group.

The functions of Konekesko’s MAN business unit will transfer to VV-Auto Group Oy from 1 January 2016. MAN’s 28 employees will be transferred to VV-Auto as existing employees. MAN Truck & Bus Center will become part of VV-Autotalot Oy. MAN Truck & Bus Center has sales premises in Espoo, Kouvola, Kuopio, Seinäjoki, Kokkola, Oulu and Rovaniemi. VV-Auto Group’s MAN retailer in the Turku, Pori and Tampere market regions is Suvanto Trucks Oy. After-sales services will remain the responsibility of the existing network of authorised MAN repair shops.

“Such change enables faster and stronger development of all areas of the MAN business. As VV-Auto is an innovative brand house and a pioneer of multichannel marketing, we are eager to benefit from their expertise,” says Olli Ronkainen, Business Unit Director at MAN Truck and Bus Finland.

The MAN truck offering includes TGL, TGM, TGS and TGX series with a GVWR ranging from 7 to 44 tonnes. With the help of its extensive partner network, it is also able to offer versatile superstructures and equipment. The MAN bus offering include high-quality solutions for city, regional and tourist traffic.

VV-Auto Group Oy is an importer of Audi, SEAT and Volkswagen passenger cars and Volkswagen vans. Its subsidiary, VV-Autotalot Oy, is the largest retailer of the brands imported by VV-Auto Group. Cars imported by VV-Auto are sold and maintained in a total of 70 locations across Finland. The VV-Auto Group employs more than 750 automotive sector professionals. VV-Auto is part of the Kesko Corporation.

MAN trucks were previously imported by Konekesko Oy. The Kesko Corporation has been importing MAN trucks and buses since 1979.

www.entry.man.eu/fi / vv-auto.fi

SOURCE: KESKO

Kesko and Plan International Finland partner to improve working conditions of migrant workers in Thailand’s fish industry

Kesko and Plan International Finland, an organisation promoting children’s rights, continue their cooperation to improve the sustainability of Thailand’s fish industry and the position of migrant workers. We have agreed on cooperation for the years 2015-2018.

HELSINKI, Finland, 2015-12-18 — /EPR Retail News/ — Cooperation of Kesko and Plan International started last spring with a research project that examined the conditions of Cambodian migrant workers and their families in Thailand’s fish industry. The aim of the common project is to improve the working conditions of Cambodian migrant workers and the education and protection of their children in Thailand.

The cooperation also aims to improve the transparency of the production chain. We try to include a wide variety of fishing industry companies and civil society organisations. The Thai state also has a significant role to play in the implementation of children’s and migrant workers’ rights.

Poverty drives whole families from the neighbouring countries to Thailand as paperless migrant workers. It is estimated that up to 20,000 Cambodian children aged 10-15 work in the fish industry of Thailand where as many as 90 percent of employees are migrant workers with low wages.

During the project, we aim to examine the activities of the unofficial sector of the fish industry, identify the means to prevent the abuse and discrimination of migrant workers and their children, and train the operators in the supply chain in issues of transparency and fair treatment of workers.

“Companies play an increasingly important role in the implementation of children’s rights. Our cooperation is a good example of new kind of partnerships, which are in line with the objectives of sustainable development. In cooperation with Kesko and other companies, Plan International can achieve much wider impacts than alone,” says Niina Mikolanniemi, Plan International Finland’s Senior Corporate Partnership Manager.

“It’s great that companies such as Kesko consider it important to support children’s rights on a long-term basis,” says Mikolanniemi.

Cooperation with Plan provides Kesko with better opportunities in Thailand to extend its impacts in the supply chain further than the first step, that is, the manufacturer.

“We consider that we have an obligation to take responsibility for the human rights in the purchasing chain of our products. Our cooperation with Plan supports our efforts to develop the supply chain and to increase transparency,” says Matti Kalervo, Kesko’s Vice President for Corporate Responsibility.

We are implementing the project in cooperation with Plan International Sweden, and it is part of a larger project funded by the Swedish International Development Cooperation Agency in Thailand and Cambodia.

Kesko is a Finnish listed trading sector company, which operates in the grocery trade, the home improvement and speciality goods trade and the car trade. Kesko is the fifth most sustainable company in the world (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

Plan International is one of the world’s largest and oldest organisations for promoting children’s rights. Plan, which has no religious or political affiliations, improves the lives and protection of children in 70 developing countries. www.plan.fi

Further information:

Matti Kalervo, Kesko Corporation, Vice President for Corporate Responsibility, tel. +358 50 306 4081, matti.kalervo@kesko.fi

Niina Mikolanniemi, Plan International Finland, Senior Corporate Partnership Manager, tel. +358 40 761 1677, niina.mikolanniemi@plan.fi

SOURCE: KESKO

Kesko continues its expansion in Russia with the opening of new K-ruoka store in St. Petersburg

Kesko opened a new K-ruoka store in St. Petersburg at Prospekt Yuriya Gagarina 34 today. The store is located in rented premises in the southern part of St. Petersburg next to the traditional Yuzhnyy market and has good traffic connections. This is the ninth store in the K-ruoka chain.

HELSINKI, Finland, 2015-12-18 — /EPR Retail News/ — According to Kari Heiskanen, Kesko’s grocery trade’s Country Director for Russia, Kesko will continue capital expenditure in Russia, but every new investment will be carefully considered. Three new K-ruoka stores will be opened in 2016.

Further information is available from Country Director for Russia Kari Heiskanen, Kesko’s grocery trade, tel. +7 812 3317723.

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2014, Kesko’s net sales totalled €9.1 billion and it employed nearly 20,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. Kesko is the fifth most sustainable company in the world (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

SOURCE: KESKO

Kesko to gradually wind up Musta Pörssi Ltd’s operations

Musta Pörssi to wind up operations

HELSINKI, Finland, 2015-12-7 — /EPR Retail News/ — Kesko will gradually wind up Musta Pörssi Ltd’s operations and close the mustaporssi.fi online store by the end of 2015.

Business operations of Musta Pörssi have focused on home technology and electronics. Kesko closed the chain operations of Musta Pörssi in 2013 and divested Anttila Ltd, in which these product groups were strongly represented, in early 2015.

In spring, Kesko published its strategy, the core of which is to seek growth and efficiency by focusing on the grocery trade, the building and home improvement trade and the car trade. Kesko is strongly developing digital services and online sales particularly in the strategic growth areas.

Efforts will be taken to find new jobs for Musta Pörssi Ltd’s employees in Kesko’s other business operations. Musta Pörssi Ltd and mustaporssi.fi currently employ 11 people.

Further information:
President Matti Pohjola, Musta Pörssi Ltd, tel. +358 50 3624 781
Vice President, HR and Communications, Jennie Stenbom, Kesko’s home improvement and speciality goods trade, tel. +358 10 532 2356

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the home improvement and speciality goods trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners. In 2014, Kesko’s net sales totalled €9.1 billion and it employed nearly 20,000 people. Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko’s shares are listed on Nasdaq Helsinki. The company’s domicile and main premises are in Helsinki. Kesko is the fifth most sustainable company in the world (The Global 100 Most Sustainable Corporations in the World). www.kesko.fi

SOURCE: KESKO

Kesko in CDP’s Climate A List for the first time

Kesko rose to CDP’s Climate A List for the first time scoring the maximum 100 points. The globally established list consists of 113 selected leading companies considered to be operating in an exemplary manner in the mitigation of climate change. The K-Group’s systematic climate work is based on the long-term commitments and energy efficiency objectives of Kesko’s responsibility programme.

HELSINKI, Finland, 2015-11-12 — /EPR Retail News/ — Kesko was selected as one of the world’s leading companies to the Climate A List with the best possible score of 100 points.

Kesko was also included in the Nordic Climate Disclosure Leadership Index (CDLI) for the fifth consecutive time. Kesko was awarded the full 100 points also in this index.

  • International recognition is proof that the K-Group’s long-term responsibility work is in the world’s top class and focused on the right things. The mitigation of climate change has been one of the key objectives in Kesko’s responsibility programme for many years already. We are systematically reducing our environmental impacts in cooperation with the entire supply chain and help our customers make choices for the benefit of the environment, says Kesko’s President and CEO Mikko Helander.

The companies that achieve a position on the Climate A List and the Climate Disclosure Leadership Index are defined by the independent organisation CDP. An assessment by CDP has been requested by 822 investors, whose combined investment assets total over a third of the world’s invested capital.

Thousands of companies annually submit information to CDP on their work in climate change mitigation and the reduction of carbon dioxide emissions. The best 5% of the assessed companies, 113 this year, are included on the Climate A List.

Energy efficiency at stores, in transportation and products

Kesko has signed the trading sector energy efficiency agreement and committed to improving its annual energy efficiency by 65 GWh by the end of 2016 through various saving measures. By the end of 2014, Kesko had improved its energy efficiency by 59 GWh and achieved 90% of the objective.

Stores’ energy-efficient solutions, such as lids and doors of refrigeration equipment, recovery of condensation heat, refrigeration units using carbon dioxide, and adjustable and directional lighting, generate significant energy savings.

The emissions from Keslog’s transportation are reduced through, for example, route planning, reverse logistics, two-tier trailers and training in economical driving style.

In autumn 2015, Kesko’s grocery trade, Gasum, Myllyn Paras and Wursti entered into cooperation where biogas produced from biowaste collected from retail stores is utilised as energy in the manufacture of new Pirkka products.

Further information is available from Kesko’s Matti Kalervo, Vice President, Corporate Responsibility, tel. +358 50 306 4081.

Read more about the K-Group’s responsibility work and its results at:
http://kesko2014.kesko.fi/en

Kesko in sustainability indices:
http://www.kesko.fi/en/Investors/Share-information/Equity-indices/Sustainability-indices/

CDP’s Climate A List and the Global Climate Change Report 2015 have been published at: www.cdp.net

Kesko (www.kesko.fi) is one of the Global 100 Most Sustainable Corporations in the World. We are a retail specialist whose chains have about 2,000 stores in the Nordic and Baltic countries, Russia, and Belarus. Our stores offer quality to the daily lives of consumers.

SOURCE: Kesko Corporation

New kind of K-food store opened in Myllypuro, Helsinki

A new kind of K-food store opens in Myllypuro, Helsinki on 5 November. K-Myllypuro does not belong to any of the current K-food store chains, but is the K-Group’s test store where Kesko, in cooperation with the retailer entrepreneur, boldly experiments with various food store concepts and models. The test store also takes customer-orientation to a completely new level – customers decide how the store, its selections and services will develop in the future.

HELSINKI, Finland, 2015-11-12 — /EPR Retail News/ — K-Myllypuro is an example of the implementation of the K-Group’s strategy and open-minded experimental culture. Agility enables fast testing of ideas in practice.

“We have been actively looking for influences from the world and studied both international and domestic retailing trends. Currently, our customers particularly value a food store’s location nearby and availability of local products, ease of shopping, and wide selections of fresh products, which also form the core of the test store. Our aim is to create a new food store concept for Finland, and the test store is an important step on this road,” says Jorma Rauhala, Senior Vice President for Kesko’s grocery trade.

Customers have been invited to join in the planning of the new store from the very beginning. The customer panel consisting of local residents started its work even before the opening.

“When building the new concept, one of the key issues is to adapt the store to the wishes of local customers, that is, the store is tailored to look like its customers,” says Rauhala.

Based on customer feedback and wishes so far, special attention has been paid to smooth and easy shopping. The name with a strong connection to the residential area was also suggested by the customer panel.

“While the store is opened in the current format, it may be somewhat different in a year’s time. We will collect feedback on store operations from local customer panels, for example, and develop our operations based on this,” says Aleksi Tapani, retailer of K-Myllypuro.

K-Myllypuro provides all products for daily cooking. The focus is on fresh products and the K-Group’s own brands: the versatile and low-priced Pirkka and the budget brand K-Menu. The store also sells selected batches of items at very low prices.

Further information:
Aleksi Tapani, K-retailer, tel. +358 50 4219944
Mika Rautiainen, Vice President, marketing and concept services, tel. +358 50 4136584

See the video presenting K-Myllypuro (in Finnish)

SOURCE: Kesko Corporation

KESKO: K-Plussa, Walkbase and Seed Digital Media to bring store’s special offers to customer’s mobile phone at store entrance

K-citymarket Turku Kupittaa is testing the attractiveness and functionality of a new service that brings the store’s special offers to your mobile phone. When a customer who has joined the test group enters the store, he receives a text message on his mobile phone with the weekly benefit or special product offer. The service is provided by K-Plussa jointly with Walkbase and Seed Digital Media.

HELSINKI, 2015-9-15 — /EPR Retail News/ — Based on K-Plussa’s customer data, K-citymarket Turku Kupittaa’s customers were sent e-mail messages offering an opportunity to participate in the testing by giving their consent to the identification of their mobile devices in the store. The first 100 volunteers were included in the test group and tell their opinion about the new mobile service.

– Involving customers from the very beginning of the development work gives us valuable information on what kind of services are worth investing in and which benefits are attractive to our customers. The testers have liked the new functionality and have redeemed lots of benefits. Benefits are redeemed at the customer service desk by showing the text message, which also enables us to get to know our customers better, says retailer Hannu Aaltonen.

– The trial running at K-citymarket Turku Kupittaa will provide us with important information for use in rewarding our customers and also in taking account of them in more diverse ways. In the future, we will be offering significantly more services via digital channels in order for shopping to be fun, says K-Plussa’s Managing Director Ismo Riitala.

– Triggering product information, special offers and other digital services as the customer arrives at a certain point in the store is becoming a widely adopted system. Our solution is already used by hundreds of stores internationally, particularly in Great Britain. K-citymarket Turku Kupittaa has been testing the technology for over a year and we have been pleased to see how Kesko, a forerunner in this field, is taking retail digitalisation to the next level, says Walkbase CEO Tuomas Wuoti.

Further information:
Managing Director Ismo Riitala, K-Plus Oy, tel. +358 50 525 6471, ismo.riitala@kesko.fi
Communications Manager Harri Utoslahti, Kesko Corporation, tel. +358 105 322 616,harri.utoslahti@kesko.fi
CMO & Director of Retail Insight Juha Mattsson, Walkbase Oy, tel. +358 41 533 6400,juha@walkbase.com
Marketing Strategist Pekka Räsänen, Seed Digital Media Oy, tel. +358 50 570 7697,pekka.rasanen@seedww.com

K-Plus Oy

K-Plussa is the most extensive and diverse customer loyalty programme in Finland which offers benefits to its customers from over 3,000 shopping places and over 40 business partners. There are over 3.6 million K-Plussa cardholders in over 2.3 million households in Finland. K – For shopping to be fun.

Walkbase

Walkbase is the leading in-store location analytics and marketing platform for brick-and-mortar stores. Just like web analytics platforms have revolutionised the online shopping experience, the solution of this Finnish company provides the same level of personalisation and real-time analytics on customers’ habits to physical stores. The Walkbase technology takes advantage of a Wi-Fi network and is already used by hundreds of stores and airports in the world. Walkbase has offices in Espoo, Turku, London and Bern.

Seed Digital Media

Seed Digital Media is a pioneer in digital customer marketing in Finland. Seed’s Omnichannel solutions combine analytics and personalised communications into a marketing service to strengthen the customer experience. Seed Digital Media is a Nordic Morning company.

SOURCE: Kesko Corporation

Kesko: biogas from biowaste collected from stores will be used as energy to manufacture new Pirkka products

Kesko’s grocery trade, Gasum, Myllyn Paras and Wursti have entered into cooperation where biogas produced from biowaste collected from retail stores will be utilised as energy in the manufacture of new Pirkka products.

HELSINKI, 2015-9-8 — /EPR Retail News/ — In the initial stage, two manufacturers of Kesko’s own-brand Pirkka products – Myllyn Paras and Wursti – have joined the initiative. Biowaste from almost 100 K-food stores in the Uusimaa region as well as the Keslog warehouses in Hakkila, Vantaa, will be taken to the Labio biogas plant in Lahti, and the biogas produced will be transmitted via the Gasum gas network to Myllyn Paras and Wursti production facilities.

Kesko aims to continuously find new ways of reducing wastage and the volume of waste that ends up in landfill sites.

– K-food stores’ unsold products are primarily diverted to food aid. This new cooperation will help utilise any food wastage that is unsuitable for human consumption in a smart new way as energy used to make Pirkka products, says Timo Jäske, Kesko’s Sustainability Manager for grocery trade.

Biogas produced from waste is 100% Finnish renewable energy. Recycling waste into biogas and utilising this energy in the manufacturing of Pirkka products will help cut annual carbon dioxide emissions by 380 tonnes. This corresponds to emissions generated by driving a car for more than three million kilometres.

– We’re happy to be able to provide retailers with a new way of utilising wastage and to participate in action to turn Finland into a forerunner in bioeconomy and clean solutions, says Jani Arala, Gasum’s Business Development Manager for Biogas.

Myllyn Paras will use biogas energy to make frozen semi-baked mini meat-rice and egg-rice pasties for Pirkka. Wursti manufactures around ten different types of Pirkka sausages and cold cuts.

Consumers will now have the opportunity make purchase decisions to influence the manufacture of products with renewable Finnish energy. Products made with biogas will be easy to spot on the basis of the biogas label.

– Pirkka products made with biogas are an easy consumer choice for the benefit of the environment, says Jäske.

Further information:
Timo Jäske, Sustainability Manager for Kesko’s grocery trade, tel. +358 105 328 222, timo.jaske@kesko.fi
Jani Arala, Business Development Manager for Biogas, Gasum, tel. +358 44 054 8583 jani.arala@gasum.fi

K-food retailers, with whom Kesko grocery trade applies the chain business model, are responsible for customer satisfaction at more than 900 K-food stores. K-food store chains are K-citymarket, K-supermarket, K-market and K-extra. K-food stores are the most responsible in the world in their sector. Their strengths also include superior fresh food departments, competent service, the widest selections, Finnish products and Pirkka. K-food stores provide both high quality and favourable prices. K – for shopping to be fun. www.kesko.fi

Gasum is a Finnish expert in natural energy gases (natural gas and biogas). It imports natural gas to Finland, upgrades biogas, and transmits and delivers these for a broad range of uses in energy production, industry, homes, and land and maritime transport. Gasum develops the Finnish and Nordic energy infrastructure by investing in the liquefied natural gas (LNG) business, biogas business and transport services. Gasum is the leading supplier of biogas in Finland. It injects biogas into the gas network from Espoo, Kouvola and Lahti. Cleanly with natural energy gases.
www.gasum.com

Kesko’s Intersport Finland opened the world’s first Intersport RUN&FIT store at the Galeria mall in St. Petersburg

HELSINKI, 2015-9-1 — /EPR Retail News/ — The Kesko-owned Intersport Finland Ltd has opened the world’s first Intersport RUN&FIT specialist store at the Galeria shopping mall in St. Petersburg. The new store concept opens up a new era for Intersport and supports the chain’s expansion into city centres and shopping malls with high customer flows. Specialist stores are able to serve customers better. Intersport Finland Ltd is responsible for Intersport’s chain operations also in Russia.

– Running and fitness are sports that are steadily becoming more popular in Russia. This megatrend has been taken into account in our Intersport RUN&FIT stores. These specialist stores of 200 m2 to 400 m2 are an ideal complement to our multi-sports stores of 600 m2 to 1,500 m2. In three years, we plan to open at least 10 Intersport RUN&FIT stores in Moscow and St. Petersburg,” says Mikhail Landyshev, Intersport Country Director for Russia.

The sales area of the world’s first RUN&FIT specialist store opened in St. Petersburg is 250 m2.

Intersport International Corp. (IIC) has developed specialist store concepts for the categories Running/Fitness, Teamsport and Outdoor. With the new store concepts and expert staff specialised in different product groups the Intersport retailers will be able to differentiate from the competition in a market situation where generalists with a variety of sports categories on sales areas of 200 m2 to 400 m2 would otherwise face increasing difficulties in the competition.

Besides Russia, Intersport specialist stores are planned to open in 14 other market areas in the next three years. Intersport specialist stores will be primarily located in city centres and shopping malls. By 2019, Intersport plans to have more than 50 specialist stores.

Further information:
President Jussi Mikkola, Intersport Finland Ltd, tel. +358 105 339 048

Intersport and The Athlete’s Foot

With retail sales of EUR 10.5 billion and more than 5,400 affiliated stores in 44 countries, Intersport is the world’s leading sporting goods retailer. In December 2012 Intersport acquired the athletic speciality footwear chain, The Athlete’s Foot, with around 400 stores in 25 countries and retail sales of EUR 290 million. The Intersport Group is represented in 66 countries on all five continents.

Kesko’s leisure trade

Kesko’s leisure trade provides customers with the best selections in the sports and footwear trade and serves with a highly accessible store network, online stores and digital services. The leisure trade chains are Intersport, Budget Sport, Kesport and Kookenkä. Intersport is the market leader in Finland’s sports trade and Kookenkä is Finland’s widest shoe store chain. In addition, Kesko’s leisure trade is responsible for Intersport’s chain operations in Russia. In 2014, the retail sales of the leisure chains were over 350 million euros and the total number of personnel in the chains was around 1,200. The leisure trade business is part of Kesko’s home improvement and speciality goods trade division. Read more at www.kesko.fi.