Maxima Grupe announces negotiations for the acquisition of Emperia Holding S.A.

Vilnius, Lithuania, 2017-Nov-14 — /EPR Retail News/ — Maxima Grupe, UAB has started negotiations over acquisition of Emperia Holding S.A., the owner of Stokrotka retail chain. Stokrotka network was composed of 410 stores at the end of October, and the consolidated turnover of Emperia Holding S.A. group of the year 2016 was 2451 mill. PLN. “Expansion […]

Maxima Grupė reports EUR 2.693 billion consolidated audited turnover in 2016

Vilnius, Lithuania, 2017-May-10 — /EPR Retail News/ — In 2016, consolidated audited turnover of “Maxima Grupė” companies in Baltic states, Poland and Bulgaria amounted to EUR 2.693 billion without VAT, consolidated net profit after tax comprised EUR 33 million, while investments in fixed assets exceeded EUR 67 million. More than EUR 179 million of taxes were […]

Maxima Grupė announces management changes

Vilnius, Lithuania, 2017-Feb-11 — /EPR Retail News/ — Once Alvydas Šustikas decided to leave Maxima Grupė managing retail companies in Lithuania, Latvia, Estonia, Poland and Bulgaria, the Board of the company appointed a new CEO and a Chairman of the Board. Since 8 February, Robertas Čipkus, Director of Finance of the company, will be appointed […]

Maxima Grupė appoints Jaunius Špakauskas as Head of Corporate Affairs of Maxima LT

Vilnius, Lithuania, 2017-Jan-25 — /EPR Retail News/ — Jaunius Špakauskas, who is currently Head of Corporate Affairs at Maxima Grupė, starting 24th of January, will assume the position of Head of Corporate Affairs at Maxima LT, subsidiary of Maxima Grupė. The move is part of Maxima LT corporate governance improvement plan. The Board of Maxima LT has […]

Maxima Grupė acquires Barbora the largest e-commerce company in Lithuania

Vilnius, Lithuania, 2017-Jan-17 — /EPR Retail News/ — Maxima Grupė that manages retail chains in Lithuania, Latvia, Estonia, Bulgaria and Poland, has acquired the largest e-commerce company for food and other products in Lithuania – Barbora. This grown-up and developed start-up, delivering Maxima goods in Vilnius, will be integrated with other Maxima Grupė’s e-commerce companies in […]

Maxima grupė announces 2.683 billion euro audited consolidated turnover, exclusive of VAT in 2015

Vilnius, Lithuania, 2016-May-31 — /EPR Retail News/ — In 2015, the audited consolidated turnover, exclusive of VAT, of the companies of Maxima grupė in the Baltic States, Poland and Bulgaria amounted to 2.683 billion euro. The consolidated net profit after taxes was 77 million euro, and investments in business development and maintenance exceeded 75 million euro. […]

Alvydas Šustikas to succeed Neringa Janavičiūtė as as CEO of MAXIMA GRUPĖ

Vilnius, Lithuania, 2016-May-17 — /EPR Retail News/ — Alvydas Šustikas will take over as CEO of MAXIMA GRUPĖ controlling retail chain MAXIMA in Lithuania and retail chains in Latvia, Estonia, Poland, and Bulgaria from May 21. He will replace current CEO of MAXIMA GRUPĖ, Neringa Janavičiūtė, who is leaving the group of companies. ‘I have gone a […]

Maxima Grupė starts operations at the biggest and up-to-date logistics centre in Estonia

Tallinn, Estonia, 2016-Feb-10 — /EPR Retail News/ — Maxima Grupė made a substantial step of development in Estonia – the biggest and up-to-date logistics centre in the country started its operations. It will contribute in greater efficiency of Maxima activity in the country and will ensure the highest quality of products. The logistics centre operating near […]

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 […]

MAXIMA GRUPĖ invested more than one million euros into safety projects this year

Vilnius, Lithuania, 2015-11-24 — /EPR Retail News/ — MAXIMA GRUPĖ, controlling the retail companies in the Baltic countries, Poland and Bulgaria, this year continued with the projects that were started in 2014 and aimed at ensuring the safety of the personnel and consumers and making all the necessary changes within companies. MAXIMA GRUPĖ has invested more than […]

MAXIMA GRUPĖ owned MAXIMA Eesti becomes the first retail chain in Estonia to open a store online

Vilnius, Lithuania, 2015-3-3 — /EPR Retail News/ — MAXIMA Eesti owned by MAXIMA GRUPĖ became the first retail chain in Estonia to open a store online. Residents of Tallinn and its surroundings are now able to buy more than 6000 different types of everyday food and drinks, vegetables, fruits, perishable and frozen products. MAXIMA was also the […]

MAXIMA GRUPĖ reports of EUR 2,583 billion Turnover in 2014; 2.5% up compared to 2013

Vilnius, Lithuania, 2015-2-5 — /EPR Retail News/ — Last year the consolidated turnover of the company “MAXIMA GRUPĖ” was EUR 2,583 billion without VAT, and grew 2.5 percent as compared with 2013. The retail chains belonging to the company in the Baltics, Poland, and Bulgaria focused on increasing the competitiveness and more effective organization of operations. 17 […]

Maxima Eesti owned by MAXIMA GRUPE starts construction of new logistics centre in Harjumma County in Estonia

Vilnius, Lithuania, 2014-10-1— /EPR Retail News/ — Maxima Eesti owned by MAXIMA GRUPE started the construction of a new logistics centre in Harjumma County in Estonia. The total area of the centre, the warehouse and the office will be about 45 thousand square meters and will cost over LTL 100 million. About 350 vacancies will be […]