OREANDA-NEWS. Apranga Group plans to reach EUR 214 million turnover (including VAT) in 2016, or by 7.5% more, than expected the year 2015 turnover.

Apranga Group plans to open or reconstruct 11-17 stores during 2016. Investments are planned to amount to about EUR 3-4 million.

According to the revised plans for the year 2015, Apranga Group plans to reach EUR 199 million turnover (including VAT) this year, totally 16 new stores should be opened and 9 stores reconstructed. Investments in 2015 are planned to be EUR 6.0-6.5 million.

Shares of Apranga are listed on Baltic equity list on Nasdaq Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.