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's activity report 2022

OÜ Greentek Wholesale resumed operations in November 2014. The company specializes in importing and wholesaling household appliances. The product groups sold include large and small household appliances, integrated technology, air purifiers, consumer electronics, tableware and household goods. There have been no significant changes in the brands represented compared to a year ago.

OÜ Greentek Wholesale's regular customers include about 300 retail companies and kitchen furniture sellers throughout Estonia. Goods are also exported to other European Union countries, the main target countries are Finland, Lithuania and Latvia. The company operates in Tallinn

at rented showroom and office space on Laulupeo tn. 2. Our second showroom is in Tartu

in the E-Department Store, at Tehase 16.

The war in Ukraine and the economic downturn, coupled with inflation, led to some consumer caution in purchasing household appliances in 2022. It was noticeable that people were buying more essential products and there were fewer impulse purchases. Nevertheless, it was possible to avoid a decrease in sales turnover.

The labor cost for 2022 (including holiday reserve) was 143,894 euros.

By the end of the year, the company employed 7 workers, 2 of whom work in Tartu and 5 in Tallinn.

The company's board consists of three members.

No benefits have been granted to board members nor is special remuneration paid upon departure or recall.

The biggest investment in 2022 was the redesign and renovation of the Tallinn showroom. There are no costs for research and development activities. Significant risks