Mundipesula, a chain of ten self-service car washes with a 35 percent market share in Estonia, is planning to offer services in Latvia, Lithuania and Finland, the business daily Verslo Zinios reported on Friday.
Arvydas Budrikis, a shareholder of Dzamina, the owner of 15 Plaunu Pats car washes in Lithuania, doubts if the small Estonian company may become a major player in the Lithuanian market, but admits that there is still room for expansion.
Mundipesula projects a profit of 300,000 euros on revenue of 850,000 euros for 2019.
