Maxima Grupė further expands in Estonia with the opening of its first MAXIMA XXX in Tallinn

Tallinn, Estonia, 2015-12-15 — /EPR Retail News/ — Maxima Grupė continues its development in Estonia. The 75th Maxima Eesti-owned shop was opened in Tallinn, which marks a new stage of development – it is the first MAXIMA XXX in Estonia’s capital Tallinn. The investment of 16.5 million euro had been reserved for acquisition of land, construction and furnishing of the shop.

The new shopping centre is a part of an intense plans of development of Maxima Grupė in Estonia. It is the fifth new shop in Estonia this year. As of the end of this year, Maxima Grupė will have opened 25 new and reconstructed 16 shops in five countries of its operations.

“Opening of the new “Super-size Maxima XXX” in Tallinn is a result of an important qualitative step of development. The development of large-format shops in Tallinn commenced two years ago is fundamentally changing the image of Maxima in Estonia and increasing the competitiveness of the retail chain” – said Managing Director of Maxima Grupė Neringa Janavičiūtė.

The acting Mayor of Tallinn, Deputy Mayor Taavi Aas who has attended the opening of the shop took note of Maxima Eesti’s consistent contribution to the welfare of the residents of Tallinn for many years. “In the last year alone, Maxima Eesti opened 3 new shops in the city’s residential neighbourhoods and created nearly 350 permanent jobs and local infrastructure” – said Taavi Aas.

The new Maxima will be the largest in Tallinn both in floor area and the number of employees. The area of the trade hall is 4 thousand m2, the total area of the shopping centre is 6 thousand m2. The buyers are serviced every day by 260 employees and there will be more products of Estonian companies in the offerings of the shop.

On the opening day the new shop has reached a shopping record among Maxima shops in Estonia – it was visited by 10 thousand buyers.

“This is the first shop of its size in the capital. The buyers will find the best supply of fresh produce, the best goods of Estonian producer and unique novelties from around the world. I am confident that this step will bring us closer to the goal – to offer what the largest number of customers need and take the leading position in Estonia” – said Vygintas Šapoka, Maxima Eesti Executive Director.

16 more Maxima X shops and 7 Maxima XX shops are open in Tallinn, central headquarters of Maxima Eesti are located in the city as well. The retail chain has created 1,500 jobs in the capital in total. There are 51 more shops in other regions of Estonia. Construction of the new Maxima logistics centre is nearing completion at present in Estonia. It will become operational early next year. The investment of approximately 30 million euro is dedicated for the implementation of this project.

“The turnover of Maxima Eesti in the first half of this year was EUR 213 million excluding VAT, an increase of 9.3 per cent compared with the last year.

Maxima Grupė is a holding company incorporated in 2007, which manages the retail trade companies in Lithuania, Latvia, Estonia, Poland and Bulgaria. 532 shops Maxima X, Maxima XX, Maxima XXX, Aldik, T-Market are a part of it: 232 of them in Lithuania, 148 in Latvia, 75 in Estonia, 47 in Bulgaria, 30 in Poland.

More information:
Giedrius Juozapavičius
Corporate Affairs Manager | Maxima Grupė
+37065915118
Giedrius.Juozapavicius@maximagrupe.eu

SOURCE: MAXIMA GRUPĖ, UAB

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