ESTONIA First Mango in Estonia

Mango, the international company with Spanish capital and subsidiaries in 71 countries, will invest almost half a million euros in its first store in Estonia. The 400-square-meter retail space will be located in the new Viru shopping center, next to the hotel of the same name in the heart of Tallinn, and whose construction is scheduled for completion next spring. The brand's operations, registered as a franchise, will be managed from Barcelona, where the parent company is based. Of its 684 stores, three already operate in the Baltic countries: in Riga, Vilnius, and Kaunas. According to executives of the multinational, they intend to open two more stores in Estonia before 2005 as part of their plan to expand their business in the new EU member states.