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Priit Mikelsaar

Business media and news feed
natural products, shops and wholesale trade

BIOMARKET OÜ's activity report 2022

The main activity of OÜ Biomarket is the retail and wholesale of organic, health and wellness products. The 2022/23 financial year was very difficult for Biomarket. The rise in energy prices and interest costs, along with high inflation, had a clear negative impact on the purchasing power of the population, leading to a decline in the consumption of food and consumer goods as a whole, particularly affecting the consumption of more expensive organic products. For Biomarket, this meant a decline in sales revenue compared to both the previous and earlier years. At the same time, inflationary

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