S Group

S Group
Company typeCooperative
IndustryRetail, Horeca
Founded1904 (1904)
Headquarters
Helsinki
,
Finland
Key people
Timo Santavuo, CEO
ProductsGroceries, hardware, consumer durables, services.
Revenue€11.523 billion (2018)
[1]
€355 million (2018)[1]
Number of employees
37,283 (2018)[1]
Websites-ryhma.fi
S Group headquarters in Vallila, Helsinki.

The S Group (Finnish: S-ryhmä, Swedish: S-gruppen) is a Finnish retailing cooperative organisation with its head office in Helsinki.[2] Founded in 1904, it consists of 19 regional cooperatives[3] operating all around Finland in addition to SOK, Suomen Osuuskauppojen Keskuskunta (The Central Finnish Cooperative Society). S Group operates in the markets for groceries, consumer durables, service station, hotel and restaurant services. It is engaged in close competition with Kesko, with which it shares an oligopolistic position in many of the markets it operates in.

The group has businesses in Finland and Estonia. The S Group also had businesses in Latvia and Lithuania, but announced withdrawal from these markets in May 2017.[4] It also withdrew from the Russian market in 2022.

The organisation's member (loyalty) card is called S-Etukortti.

  1. ^ a b c S Group's sales and results showed positive development
  2. ^ "Contact information." S Group. Retrieved on 28 September 2012. "Fleminginkatu 34"
  3. ^ "S-Group's cooperatives". S Group's cooperatives - S-kanava. S Group. Retrieved 2 July 2024.
  4. ^ ""Prisma" traukiasi iš Lietuvos" (in Lithuanian). 15min.lt. Retrieved 3 May 2017.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Tubidy