Already 97,048 people have seen this company's branding and they are being followed by 184 Storybook user.In average the company has been rated 4.5 points ja kommenteeritud 300 korda.

's activity report 2022

Rimi Eesti Food AS is solely owned by Rimi Baltic AB, which in turn is wholly owned by the Swedish company ICA Gruppen AB.

The main activity of Rimi Eesti Food AS is retail sale in non-specialised stores, where food, beverages and tobacco products predominate (EMTAK - G4711). The company's sales revenue in 2022 was 440.7 million euros, so the annual turnover growth was 7.8%. The company's business activities show certain seasonal fluctuations. Characteristically for retail trade, the sales revenue of the first quarter was approximately 6.6% lower and the sales revenue of the fourth quarter was approximately 5.4% higher than the average quarterly sales revenue.

According to Statistics Estonia, retail sales in non-specialised stores, where food, beverages and tobacco products predominate, were 3.253 billion euros in Estonia (an increase of 11.6% compared to the previous year), so Rimi Eesti

Food AS had a market share of 13.6%. Estonia's gross domestic product (GDP) decreased by 1.3% in 2022 compared to 2021. The consumer price index in Estonia increased by 19.4% in 2022 compared to 2021.

The main drivers of the consumer price index were increases in housing-related prices, which together accounted for two-fifths of the total increase. Electricity delivered to homes increased by 94.4% year-on-year, gas by 123.8%, solid fuel by 73.5% and heat energy by 49.1%. Food and non-alcoholic beverages accounted for nearly a quarter of the total increase.

Although consumer confidence fell to the level of 1990, and the inflation-adjusted net wage fell to the level of several years ago, the decline in sales volumes in non-specialised stores, where food, beverages and tobacco products predominate, was somewhat lower than feared.

For the company, 2022 was characterised by sales growth due to high inflation and, on the other hand, strong pressure on input prices. The company's expenditures on electricity, heat energy and gas increased by 5.9 million euros (73.3%) compared to 2021. To mitigate the effects of price increases caused by general inflation, Rimi increased its employee discount from the beginning of the last quarter to help them purchase food even more affordably in difficult conditions.

The key words for 2022 were the effects of the war in Ukraine and the intensifying competitive situation due to

Lidl's entry into the Estonian market. When the war in Ukraine broke out, Rimi removed Russian and Belarusian products from sale, assisted Ukrainian war refugees in cooperation with the Red Cross and the Food Bank, and offered war refugees the opportunity to find work and earning opportunities in Rimi stores.

In 2022, the company continued to renovate existing stores - a total of 12 stores were renovated, of which seven stores replaced old refrigeration equipment with new environmentally friendly refrigeration equipment. The company also made some changes to the store network. In 2022, two new stores were opened - Vilde Rimi

Supermarket in Tallinn and Tähe Rimi Mini store in Tartu. 3 stores were closed - Silikaadi and Jõhvi Rimi Mini stores and Sõle Rimi Supermarket.

As of the end of the financial year, the company operated in 81 stores as follows: - 17 Rimi Hypermarkets - 21 Rimi Supermarkets - 40 Rimi Mini stores - 3 Rimi Express stores In 2022, the company continued to expand and develop the Rimi e-store format to offer the customer an even wider service area, assortment and better shopping experience. Rimi also continued to introduce self-service solutions in physical stores. During the year, self-checkouts were added to four stores and the use of mobile scanning of goods was significantly expanded - by the end of the year, mobile scanning was possible in 32 stores.

Rimi Eesti Food AS's operating profit in 2022 was 3.7 million euros. The optimization of processes and more cost-effective operation had a positive impact. The company has introduced various digital tools to improve different processes. To assess the efficiency of the company's business activities, we use the ratio of the profit for the reporting year and sales revenue expressed in percentages (return on sales). The return on sales for the reporting year was 0.49% (2021: 1.73%). To assess the company's solvency, we use the ratio of current assets and