SUTNTIB AB Tewox Updates on Growth Plans and Financial Health
SUTNTIB AB Tewox Announces Key Developments and Financial Update
Vilnius, Lithuania – SUTNTIB AB Tewox, recognized as a leading entity in the investment sphere, has recently unveiled its factsheet that highlights the company’s financial indicators and major milestones as of the third quarter of 2025. This insightful document sheds light on the strategic initiatives and financial performance that underline the company’s growth trajectory.
Highlights of Q3 2025
A significant focus during the third quarter has been the commencement of construction on three new grocery stores planned for strategic locations. These stores not only signify an expansion but also enhance the operational footprint of Tewox in the regional market.
New Grocery Store Developments
The construction projects include:
- Anew grocery store in Vilnius, covering approximately 1,788 square meters, which will be leased to the well-known supermarket chain Iki. With a total investment estimated at around 5 million EUR, the store is set to open its doors in 2026.
- A grocery store in Klaip?da, spanning about 2,127 square meters, designated for Lidl. This store represents a 6 million EUR investment and is also anticipated to commence operations in 2026.
- Additionally, a location in the Klaip?da district is set for a store of around 2,000 square meters, to be leased to Iki, with similar financial projections and opening timelines.
Financial Performance
In tandem with these exciting developments, SUTNTIB AB Tewox has released its audited interim consolidated and separate financial statements for the first half of 2025. The results illustrate robust performance with consolidated operating income reaching 7 million EUR and comprehensive income at 3.5 million EUR. Furthermore, the company’s total assets stood at a remarkable 179.6 million EUR. These figures not only reflect the company’s stability but also its potential for future growth.
Contact Information
For further inquiries or additional information, interested parties can reach out to:
Paulius Nevinskas
Manager of the Investment Company
Email: paulius.nevinskas@lordslb.lt
Frequently Asked Questions
What key events occurred for SUTNTIB AB Tewox in Q3 2025?
Three grocery store constructions began in Vilnius, Klaip?da, and the Klaip?da district.
What financial performance did SUTNTIB AB Tewox report for the first half of 2025?
Consolidated operating income was 7 million EUR, and total assets reached 179.6 million EUR.
When are the new grocery stores expected to open?
All three grocery stores are planned to open in 2026.
What supermarkets will occupy the new stores?
The stores will be leased to Iki and Lidl supermarket chains.
Who can be contacted for more information about the company?
Paulius Nevinskas, the Manager of the Investment Company, is the contact person for inquiries.
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