Kesko in brief

Kesko is a Finnish listed trading sector company. Kesko operates in the grocery trade, the building and technical trade and the car trade. Its divisions and chains act in close cooperation with retailer entrepreneurs and other partners.

Kesko has over 1,500 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Poland, Russia and Belarus.

Kesko and K-retailers form the K-Group, whose sales (pro forma) totalled about €13.2 billion in 2016. The K-Group is the third largest retailer in northern Europe and it employs around 45,000 people.

Kesko's shares are listed on Nasdaq Helsinki. The company's domicile and main premises are in Helsinki.

Our core competence areas

  • Development and management of store concepts and brands
  • Combining retailer entrepreneurship and chain operations efficiently
  • International retail expertise
  • Multi-channel retailing
  • Cost-efficient and responsible business models
  • Development and management of the store site network  

Divisions

Kesko is engaged in the grocery trade, the building and technical trade, and the car trade.

  • Finland: All divisions
  • Sweden and Norway: Building and technical trade
  • Estonia, Latvia and Lithuania: Building and technical trade, furniture trade and machinery trade
  • Poland: Building and technical trade
  • Russia: Mainly St. Petersburg and Moscow areas: Building and home improvement trade, grocery trade and sports trade
  • Belarus: Building and home improvement trade

The K-Group's retail sales and store numbers by country in 2015

Personnel in 2015

Kesko’s personnel statistics for 2015 analysed by operating country
  Finland Sweden Norway Estonia Latvia Lithuania Russia Belarus
Total number of personnel at 31 Dec. 10,081 815 225 567 470 3,869 3,641 2,267
Average number of personnel in 2015 8,300 785 203 538 478 3,492 3,149 2,010
Number of new employments*
3,175 279 54 179 186 2,243 2,137 1,475
- women 1,726 85 14 79 46 2***
1,223 758
- men 1,449 194 40 100 140 9***
914 717
Number of terminated employments*
2,966 208 217 166 209 2,251 1,886 1,419
Terminated by employer, % 4.6 6.7 30.0 4.8 9.1 14.7 11.0 38.0
Total turnover rate, %**
20.6 25.5 95.1 20.1 36.2 57.2 51.8 28.1
  
* Including summer employees
** Excluding summer employees
*** Excluding Senukai, Lithuania
When calculating the number of terminated employments, each employee is included only once, whereas one person may have several new employments included in the total number.

Responsibility at Kesko 

Corporate responsibility is a strategic choice for Kesko and integrated in day-to-day activities. 

Corporate responsibility work is based on Kesko's strategy, value, vision and mission as well as responsibility programme, and it is guided by Kesko’s general corporate responsibility principles, the K Code of Conduct guide and Kesko’s purchasing principles.


Kesko's value creation chart illustrates how Kesko’s operations create value for its stakeholders and society.

Read more about value creation in Kesko's Annual Report.

Read more about Kesko's responsibility work in the Responsibility section.

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