## Depo DIY Expands in Tallinn with New Mega Store

Depo DIY Opens New Flagship Store in Tallinn

DIY enthusiasts in Tallinn have a reason to celebrate! Depo DIY, the popular home improvement chain, has just opened a brand-new mega store in the city. This expansive new location is set to become a one-stop shop for all your home renovation and decorating needs. Spanning an extraordinary 12,000 square meters, the new Depo DIY store offers an extensive selection of products, catering to both seasoned DIYers and those just starting. From tools and building materials to paint, decor, and gardening supplies, shoppers will find everything they need to tackle any project. “We are thrilled to open our doors in Tallinn and bring our wide selection of products and expertise to the local community,” said [Spokesperson Name],[Spokesperson Title] at Depo DIY. “our goal is to be a trusted partner for all home improvement projects, big and small.” The new store also features a dedicated workshop area where customers can participate in DIY workshops and learn new skills from experienced instructors. This hands-on approach aims to empower customers and make DIY projects more accessible to everyone.

Depo DIY to Expand into Estonia with New Tallinn Store

exciting news for DIY enthusiasts in Tallinn, Estonia! Depo DIY, a leading Latvian retailer known for its wide selection of building materials and household goods, is set to open its second location in the city. Collaborating with Estonian investment company Infortar, this ambitious project will see the construction of a massive 30,000 square meter store in the Lasname district. Strategically located near the Tallink tennis center, the new Depo DIY store promises to be a convenient destination for homeowners and professionals alike. With its grand opening slated for autumn 2026, the store is sure to become a popular hub for all things DIY and home improvement.

Exciting Expansion: Depo DIY to Open 18 New Stores in Lasname District

The Lasname district is set for a major retail boost with the arrival of 18 new Depo DIY stores. This ambitious project represents a significant investment of 52 million euros, with real estate giant Infortar contributing 27 million euros towards the development. Depo DIY will be investing 25 million euros to create modern commercial spaces perfectly aligned with their brand identity. “The lasname district will ultimately be home to 18 Depo stores,” said Rimants Jugan, depo DIY’s marketing manager.

New Retail Development Set to Open Next Spring

Exciting news for shoppers! A new retail development is currently in the design phase, with construction scheduled to begin next spring. This expansive project promises more than just a new store; it’s designed to be fully integrated with the surrounding area. Along with the store itself, developers have announced plans for a 522-car parking area, reconstructed intersections, updated access roads, and even a brand new street. These enhancements aim to ensure easy and convenient access for customers.

Depo DIY Continues European Expansion with New Store Openings

DIY retail giant Depo DIY has announced another wave of expansion across Europe, solidifying their position as a leading player in the home improvement market. This latest growth spurt follows the successful launch of their first Tallinn store in 2020. This year alone, Depo DIY has opened two impressive new locations. A sprawling 22,000 square meter store has debuted in Kaunas, Lithuania, offering a wide range of products and services to cater to local DIY enthusiasts. Adding to their growing presence, a massive 31,000 square meter store has also opened its doors in Riga, Latvia, further expanding their reach in the Baltic region.

Depo DIY Sees Soaring Profits and Revenue Growth

SIA “Depo DIY”, the parent company of the popular home improvement retailer Depo DIY, unveiled impressive financial results for the previous year. The company reported a significant surge in turnover, reaching an impressive 553.216 million euros. this represents a robust 11.6% increase compared to the previous year’s figures, demonstrating Depo DIY’s continued growth and market dominance. The company’s profitability also soared, with profits jumping by an impressive 29.4%. This translated into a net profit of 26.989 million euros, underscoring Depo DIY’s strong financial performance and effective business strategies. Founded in 2004, SIA “Depo DIY” boasts a substantial share capital of 7,501,006 euros. The company is wholly owned by SIA “DMT Pluss”, signifying a strong and stable ownership structure.

Depo DIY: Unveiling the Key Players Behind the Home Improvement Giant

The DIY world is all about taking charge, building something new, and transforming your vision into reality. And when it comes to providing the tools and materials for those ambitious projects, Depo DIY stands tall as a leading name. But behind this successful brand lies a complex web of ownership, with various entities holding stakes in the company. Let’s delve into the key players who are shaping the future of Depo DIY.

A Closer Look at the Major Shareholders

Leading the pack is SIA “DMT Pluss,” holding a significant 25.19% share in Depo DIY. At the helm of this influential shareholder is Andris Kozlovskis. Joining them are Vera Matisone, Arti Kozlovski, and Vineta Atvara, who collectively control 19.94% of the company’s capital. The remaining 15% of Depo DIY is in the hands of SIA “ausekļa ielas nams,” a company with its own intricate ownership structure. This firm is jointly owned by Māra Lielcepurei-Gaveika (holding 48.34%), SIA “Paradox Holdings” (also with a 48.34% stake), and SIA “EQT Baltic” (possessing 3.32% ownership).

The Power Players Within

Diving deeper into SIA “ausekļa ielas nams,” we find another layer of influential figures. Georg Rungainis emerges as the dominant force within “Paradox Holdings,” commanding a 66.67% stake.Inga Rungainis holds the remaining 33.33% of this company. SIA “EQT Baltic,” with Kristaps Bērzins as its sole owner, completes the intricate picture of Depo DIY’s ownership landscape.

Exploring Infortar’s Diverse Investment Portfolio

Infortar, a leading Estonian investment company, boasts a diverse portfolio spanning various sectors. Beyond their partnership in the DIY retail venture,Infortar holds a majority stake in two significant Estonian companies: Tallink Grupp and Elenger Grupp.

Dominating the Maritime Industry: Tallink Grupp

Tallink Grupp is a prominent ferry operator, connecting various destinations in the Baltic Sea region. As a key player in maritime transportation, Tallink Grupp plays a crucial role in facilitating trade, tourism, and travel throughout the region.

Powering estonia: Elenger Grupp

Formerly known as Eesti Gaas, Elenger Grupp is a major player in the estonian gas industry. The company is instrumental in supplying natural gas to Estonian households and businesses, contributing considerably to the country’s energy security.

Exploring Infortar’s Diverse Investment Portfolio

Infortar, a leading Estonian investment company, boasts a diverse portfolio spanning various sectors. Beyond their partnership in the DIY retail venture, Infortar holds a majority stake in two significant Estonian companies: Tallink Grupp and Elenger Grupp.

Dominating the Maritime Industry: Tallink Grupp

Tallink grupp is a prominent ferry operator, connecting various destinations in the Baltic Sea region.As a key player in maritime transportation, Tallink Grupp plays a crucial role in facilitating trade, tourism, and travel throughout the region.

Powering Estonia: Elenger Grupp

Formerly known as Eesti Gaas, Elenger Grupp is a major player in the Estonian gas industry. The company is instrumental in supplying natural gas to Estonian households and businesses, contributing significantly to the country’s energy security.
## Archyde interview: Depo DIY’s Tallinn Expansion



**Host:** Welcome back to Archyde Business insights.Today, we’re diving deep into the burgeoning Estonian retail landscape with a special focus on Depo DIY’s enterprising expansion plans. Joining us today is [Spokesperson Name], [spokesperson Title] at Depo DIY. Welcome to the show, [Spokesperson Name].



**Spokesperson:** Thank you for having me. It’s a pleasure to be here.



**Host:** Depo DIY has been making waves in Tallinn with its new flagship store. What prompted this decision to expand into the Estonian market?



**Spokesperson:** We saw a tremendous chance in Tallinn. There’s a vibrant DIY community here, and a real demand for a one-stop-shop offering a wide variety of high-quality products and expert advice. At Depo DIY, we strive to empower people to take on their own home enhancement projects, and we felt Tallinn was the perfect place to extend our reach.



**Host:** The new store is remarkable, boasting an extensive 12,000 square meters with everything from tools and building materials to decor. what can shoppers anticipate finding there?



**Spokesperson:** We’ve curated a diverse range of products to cater to every need, from seasoned DIY enthusiasts to those just starting their home improvement journeys. Whether you’re tackling a full renovation or simply looking for the perfect paint color, our educated staff is here to guide you every step of the way.



**Host:** But that’s not all. You also mentioned workshops. Can you tell us more about those?



**Spokesperson:** We believe in empowering our customers with knowledge and skills. Our workshops cover a wide range of topics,from basic tool usage to more specialized techniques. These hands-on sessions provide a valuable opportunity to learn from experienced instructors and gain the confidence to tackle DIY projects with ease.



**Host:** it sounds like Depo DIY is committed to being more than just a retailer. Now,let’s talk about the bigger picture – your plans for even further expansion within Tallinn and Estonia seem quite ambitious.



**Spokesperson:** Absolutely! We’re thrilled to announce that,in collaboration with Infortar,we’ll be opening an additional 17 stores in the Lasname district alone,This represents a significant investment in the Estonian economy and a testament to our belief in the potential of this market.



**Host:** we understand these new stores are part of a larger development project.



**Spokesperson:** Right.The Lasname development will also feature improved infrastructure, including parking spaces, updated roads, and a new street. We want to make sure our stores are easily accessible and integrated seamlessly into the community.



**Host:** It sounds like Depo DIY is poised for continued success in Estonia. What are your long-term goals for the brand in this region?



**Spokesperson:** Our vision is to become the trusted partner for all home improvement needs in Estonia, offering not just products, but also the knowledge, expertise, and inspiration to help people transform their homes and realize their DIY dreams.





**Host:** What advice would you give to aspiring DIY enthusiasts just starting?





**Spokesperson:** Don’t be afraid to get started– and don’t be afraid to ask for help! There are countless resources available, from online tutorials to our in-store workshops. And remember, everyone starts somewhere. Embrace the learning process, be patient with yourself, and enjoy the satisfaction of creating somthing with your own hands.



**Host:** Wise words indeed! Thank you so much for sharing your insights with us today, [Spokesperson Name]. We wish you and Depo DIY all the best in your continued success in Estonia.



**Spokesperson:** Thank you for having me.