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Citycon

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Citycon Corporation
Company type
Industry
Founded1988; 36 years ago (1988)
Headquarters,
Key people
  • Chaim Katzman (Chairman)
  • F. Scott Ball (President and CEO)
  • Eero Sihvonen (CFO)
Revenue
  • Increase €332 million (2016)
  • €296 million (2015)
  • Increase €224 million (2016)
  • €149 million (2015)
  • Increase €160 million (2016)
  • €109 million (2015)
Total assets
  • Increase €4.901 billion (2016)
  • €4.664 billion (2015)
Total equity
  • Increase €2.311 billion (2016)
  • €2.246 billion (2015)
Number of employees
  • 254 (July 2017)
Websitewww.citycon.com
Footnotes / references
[1]

Citycon Oyj owns, develops, and manages shopping centers and other retail properties in Finland, Norway, Sweden, Lithuania, Estonia, and Denmark. The company primarily rents its properties to retailers. Citycon owns more than 50 shopping centres and 2 other retail properties. Of the shopping centres, 19 are located in Finland, 19 in Norway, 9 in Sweden, including Kista Galleria, 2 in Estonia, 1 in Denmark and 1 in Lithuania (Mandarinas). In addition, Citycon leases and manages 13 shopping centres in Norway on behalf of other owners. Citycon’s shopping centres attract approximately 200 million visitors annually.[2]

History

Citycon was founded in 1988 by the Insurance Company Sampo Pension Ltd, Imatran Voima Oy, Rakennustoimisto A. Puolimatka Oy and Postipankki. The company is listed on the Main List of the Helsinki Exchanges.[3]

References

  1. ^ http://www.nasdaqomxnordic.com/shares/microsite?Instrument=HEX24249&symbol=CTY1S&name=Citycon%20Oyj
  2. ^ "Citycon in brief". 25 March 2015.
  3. ^ https://www.citycon.com/about-us/our-history [dead link]