History
The company dates back to 1910. The business was originally conceived by several major Finnish publishing houses as a newsagent for railway stations ("Rautakirja" was itself shortened from "Rautatiekirjakauppa" which translates to "railway bookshop"). It was later extended to other venues and products. The name R-Kioski was adopted in 1958.
On 5 March 2012, it was announced that the Reitan Group bought R-Kioski from Sanoma for roughly 1 billion Norwegian krone. The group had been working on the purchase for a decade, but previous negotiations had stranded as R-Kioski had demanded a merger where they owned 51 percent. The purchase brought the Reitan Group to 2,500 kiosk outlets, making it the second-largest kiosk group in Europe.
Read more about this topic: R-Kioski
Famous quotes containing the word history:
“It’s not the sentiments of men which make history but their actions.”
—Norman Mailer (b. 1923)
“... the history of the race, from infancy through its stages of barbarism, heathenism, civilization, and Christianity, is a process of suffering, as the lower principles of humanity are gradually subjected to the higher.”
—Catherine E. Beecher (1800–1878)
“English history is all about men liking their fathers, and American history is all about men hating their fathers and trying to burn down everything they ever did.”
—Malcolm Bradbury (b. 1932)