Business expansion
Eesti; Põhja-Eesti;
Location of affected unit(s)
Tallinn (Põhja-Eesti)
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Trade, Except Of Motor Vehicles And Motorcycles
47 - Retail trade, except of motor vehicles and motorcycles

100 jobs
Number of planned job creations
Job creation
Announcement Date
2 October 2006
Employment effect (start)
2 October 2006
Foreseen end date
31 December 2006


Rautakesko operates stores that sell building materials, interior decoration and house technology, tools, small hardware items, yard and garden products. Rautakesko is one of the leading companies of its kind in Estonia with four K-rauta stores and a nation-wide wholesale network. In March 2007 a new store will be opened in Tallinn and Rautakesko plans to hire additional one hundred employees by the end of 2006. The company will launch an extensive campaign to find employees. Traditional channels like newspapers, radio and television will be used and the job advertisements will be also distributed by direct-mail, outdoor media and LCD-screens in public transport.

The Rautakesko company was established under the name Fanaal Ltd in 1991 and it was owned by Estonians then. Fanaal opened stores in Tallinn, Tartu, Pärnu and also one in Riga in Latvia. Since 2000 the company has been owned by the Finnish company Kesko due to Fanaal’s need for a strategic investor.


  • 2 October 2006: Aripaev
  • 2 October 2006: Postimees
  • 2 October 2006: Eesti Päevaleht
  • : (www.rautakesko.ee)


Eurofound (2006), Rautakesko, Business expansion in Estonia, factsheet number 64210, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64210.