OREANDA-NEWS. December 1, 2011. Apranga APB established the 16th of its subsidiary Apranga MLV SIA, which will operate Massimo Dutti stores in Latvia under agreement with Inditex. The established company has share capital of LVL 60 thousand (EUR 86 thousand).

First Massimo Dutti store opening in Riga is expected in March 2012 in shopping mall Spice.

Shares of Apranga APB are listed on Baltic equity list on NASDAQ OMX Vilnius Stock Exchange. Majority shareholder of Apranga Group is concern MG Baltic.