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 long and interesting way in the companies of MAXIMA, and by completing my work here, I may summarize that the companies of the Group operate steadily, and the foreseen plans and projects are implemented. Over the last few years, I think, we successfully achieved the key goals set by the shareholder. I am leaving the office calmly and with a strong belief in the team which will now hold the helm of MAXIMA’, said N. Janavičiūtė.

‘I thank Neringa Janavičiūtė for her many years of work at MAXIMA GRUPĖ and other associated companies, and wish her good luck in her future work. Many new and continuous challenges lie ahead for the new CEO, the most important of which are to increase the business competitiveness, strengthen the positions in the foreign markets, and continue to implement the contemporary model of business management in all companies of the group’, said Raimonda Kižienė, CEO of Vilniaus prekyba, UAB, which is the shareholder of MAXIMA GRUPĖ.

For the last four years, new CEO Alvydas Šustikas headed the company Azeri Retail established by the Austrian Investment Fund EMSA Capital which controls the Azerbaijani retail store chain Fresco. Before then, for eight years, he had held various leading positions in the retail store chain RIMI Lietuva; and for two years in the trade company Ekovalda.

A. Šustikas graduated in Business Management at Vilnius Gediminas Technical University, had an internship at Ahold Retail Academy of the Netherlands.
The changes concern only the holding company, and companies in the local market continue their operations as usual.

MAXIMA GRUPĖ, UAB is a controlling company registered in 2007, which currently consolidates retail companies in Lithuania, Latvia, Estonia, Bulgaria and Poland. 528 stores of Maxima X, Maxima XX, Maxima XXX, Aldik, T-Market operate in them: in Lithuania, 232 stores operate, in Latvia – 148, in Estonia – 74, in Bulgaria – 48, in Poland – 26. More than 31 thousand workers are employed in the Companies of the Group.

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

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 Tallinn, in Rae Parish, Kurna village occupies approximately 45 thousand sq. Metres. It consists of three warehouses – dry, cooling, and container areas; here are erected 130 transportation platforms. The logistics centre will have a staff of 350 employees.

Maxima Grupė invested in the Estonian logistics centre 35 M. EUR. It is the biggest Maxima Grupė development project of the last year.

“The decision to build the new logistics centre was dictated by business logic and business development conducted in Estonia over the recent years. The new centre will allow development of activity in a significantly more efficient scope. It will ensure efficient commodities supply chain and will facilitate more rapid delivery of goods to the stores. Thus, we will achieve even greater freshness and quality of the goods. I can boldly state that the benefit of the newly arranged supply chain processes will be felt both by our customers in Estonia and, first of all, by our employees” – stated Neringa Janavičiūtė, General Manager of Maxima Grupė.

According to Maxima Eesti manager Vygintas Šapokas, the new logistics centre gives a sense to the development of trade network conducted over the recent years and extends the capacity of Maxima Eesti facilities. “Already today Maxima is one of the biggest retail sales networks in Estonia. Daily we service over 150 thousand Customers and their number continuously increases. From now on we will be able to offer our customers even bigger choice of goods, will expand our collaboration with local manufacturers and will ensure our customers even better access to Estonian products in Maxima stores” – stated Mr. V. Šapokas.

Currently in Estonia already operate 75 Maxima stores. Last year five new stores were opened and one was renovated in Estonia; and its year Maxima Eesti finished opening its first large format Maxima XXX supermarket in Tallinn.

Until now, part of warehousing services in Estonia Maxima was purchasing from local companies, while remaining cargoes would be delivered from Lithuania and Latvia. Own logistics centre will ensure more efficient warehousing, storage and delivery of goods; also will allow more flexible acceptance and setting of the goods in the stores.

Meantime, goods are supplied to the Maxima stores operating in Estonia from dry product warehouse. Gradually their supply from other warehouses installed in the centre will also be commenced; and operation of the logistics centre in full capacity will start in August. From here, over 30 thousand goods will be supplied to the stores and approximately 200 cargo vans will be serviced daily.

The new Maxima logistics centre can be distinguished not only by its impressive size. When building this centre, sophisticated construction materials were used and the most innovative technologies were applied. For instance, white roof of the logistics centre is covered with titanium oxide roofing. It allows absorbing from the air CO2 gas and thus reducing air pollution. Furthermore, sophisticated roof will ensure achieving lower air temperatures inside the building in summer and significantly more efficient usage of ventilation and conditioning systems.

The warehouses are equipped using the newest warehousing technologies. They are implemented in all processes – starting from acceptance of goods, warehousing/storage and loading. High quality of the goods will be ensured storing them in the rooms with different temperatures: depending on the category of goods, room temperature will be maintained from +18 to -24 ºC, and in a special deep freezing chamber it will reach even -30 ºC. The warehouses are equipped with Warehouse Management System (WMS), cross-docking function, transport planning and yard management systems, robotized container sorting, recycling material sorting and automated packaging of these materials and all these systems and equipment will be extensively applied and used. Many of the processes are automated and computerised. For instance, the following systems are fully computerised: hoisting equipment battery charging, impact accounting, complementing, illumination and heating. Employees have comfortable working places, changing rooms are equipped with modern equipment, resting places for smoker and non-smoker staff are provided.

The giant facilities, construction of which began started in September 2014, were built and completed within the shortest ever time. Construction process was organised and project managed by JSC GVP Invest. All works in Estonia performed by local companies. The facilities were designed by Nord Projekt, general contractor of constructions was Rand ja Tuulberg, and supervision of construction works was conducted by Telora-E.

Maxima Grupė is a holding company founded in 2007. It controls retail trade companies in Lithuania, Latvia, Estonia, Poland and Bulgaria. The Group has a total of 535 Maxima X, Maxima XX, Maxima XXX, Aldik, and T-Market shops: 233 shops in Lithuania, 148 – in Latvia, 75 – in Estonia, 48 – in Bulgaria, and 31 – in Poland. The Group’s companies have over 31,000 employees.

SOURCE: MAXIMA GRUPĖ, UAB

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

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

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

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

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 one million euros into the safety projects this year.

“The tragedy that had happened in Riga, Zolitūdė two years ago will remain forever in our company’s history. It was a painful lesson which shocked us all but at the same time led us to change. We are continuously implementing the changes within our companies. We are taking all the necessary steps to ensure that such a disaster will never happen again”, – noted Neringa Janavičiūtė, CEO of MAXIMA GRUPĖ.

This year company carried on with the extraordinary inspection of building structures and personnel training on safety, also in all the buildings additional civilian and fire safety measures are being updated and deployed. Over one million euros were dedicated for that.

Support for the victims, changes within the company and co-operation with the authorities were the major tasks for MAXIMA Latvia this year. “As announced by the Latvian Prosecutor-General, two years ago on 21st of November in Zolitūdė tragedy has occurred due to the construction flaws. Construction defect, faulty designs and inadequate organizing of the construction process were the reasons for tragedy. The investigation is completed now, the materials were provided to the court and it is expected that the trial will begin later this year. In turn we take the full moral responsibility for what had happened, and continue to provide support for victims and those, who had lost their relatives”, – said N. Janavičiūtė.

Company continues monthly payments to the children who had lost their parents during this disaster. Payments were started immediately after the disaster and will be provided until they reach adulthood. Right after the disaster the company has donated more than 2.1 million euros to the victims and those who had lost their relatives.

Last year MAXIMA Latvia arranged the plot where the shop stood. It was announced that no commercial activity would be carried out there and SIA TINEO, owned by Company’s shareholders, donated this plot to Riga city municipality. In the future the monument will be installed there for the memory of the victims. According to N. Janavičiūtė, what should be placed of remembrance, should be decided by the relatives of the victims and Zolitūde district’s residents.

“It is also important that MAXIMA Latvia team is recovering after experiencing the shock and emotional challenges. We believe that huge efforts of our personnel and management is also noted by Latvian society. That is the largest and most important appreciation of changes that is happening right now”, highlighted CEO of MAXIMA GRUPĖ.

MAXIMA GRUPĖ is a company, established in 2007, that controls retail stores in Lithuania, Latvia, Estonia, Poland, and Bulgaria. It has 532 “MAXIMA X”, “MAXIMA XX”, “MAXIMA XXX”, “ALDIK”, and “T-MARKET” stores: 233 in Lithuania, 148 in Latvia, 75 in Estonia, 47 in Bulgaria, and 29 in Poland.

For more information:
Giedrius Juozapavičius,
Head of Corporate Affairs
MAXIMA GRUPĖ, UAB
Tel.: +370 659 15118
El. p. giedrius.juozapavicius@maximagrupe.eu
www.maximagrupe.eu

SOURCE: MAXIMA GRUPĖ, UAB

Andris Vilcmeieris succeeds Jelena Kondrašova as CEO MAXIMA

Vilnius, Lithuania, 2015-9-8 — /EPR Retail News/ — MAXIMA GRUPĖ, controlling retail stores in Lithuania, Latvia, Estonia, Poland, and Bulgaria, announced today that, after having headed MAXIMA Latvia for almost two years, Jelena Kondrašova takes leave to further pursue her career in Akropolis LV. In her new position as Member of the Board she will work with the team developing the Akropolis mall in Riga. Taking her place as of today is Andris Vilcmeieris.

“The past couple of years have not been easy for MAXIMA Latvia. I am grateful to Jelena for having taken on the responsibility and succeeding in, together with MAXIMA management in Latvia, stabilizing the Company‘s activity at this difficult time. Currently MAXIMA Latvia embarks on a new development phase. Its new Management objectives consist of ensuring Company activity continuity and further realization of MAXIMA Latvia’s strategic directions to achieve balanced Company growth in a competitive environment, as well as preserving an effective supply chain and strengthening its staff“, – says Neringa Janavičiūtė, General Director of MAXIMA GRUPĖ.

“Maxima Latvia has been moving towards strategic change during these past two years. It is one of Latvia‘s largest companies and private sector employers, and many people‘s principal choice for grocery shopping. Our team aims to operate responsibly, ensuring a more convenient daily shopping process for our clients. I am bringing my experience and hope to successfully apply it in attaining the Company‘s goals”, – says Andris Vilcmeieris, the new Head of Maxima Latvia.

Prior to joining MAXIMA Latvia, Andris Vilcmeieris was Member of the Board of Putnu fabrika Ķekava, a poultry farming and production company, and headed the agricultural corporation Lielzeltiņi. He also has experience in the sphere of logistics and transportation – Andris held leading positions in companies such as Venstpils nafta, Latvijas kuģniecība, Ventspils naftas termināls, and Lat Ros Trans. He has also worked in investment management. Andris Valcmeieris has a degree in Management and Finance, and began his career in Price Waterhouse Coopers Latvia.

MAXIMA GRUPĖ is a company, established in 2007, that controls retail stores in Lithuania, Latvia, Estonia, Poland, and Bulgaria. It has 528 “MAXIMA X”, “MAXIMA XX”, “MAXIMA XXX”, “ALDIK”, and “T-MARKET” stores: 232 in Lithuania, 147 in Latvia, 75 in Estonia, 47 in Bulgaria, and 27 in Poland.

For more information:
Giedrius Juozapavičius,
Head of Corporate Affairs
MAXIMA GRUPĖ, UAB
Tel.: +370 659 15118
El. p. giedrius.juozapavicius@maximagrupe.eu
www.maximagrupe.eu

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 first to offer online shopping possibilities to residents of other Baltic States – in Lithuania online shop was launched in 2011, in Latvia – in 2012.

“We carefully observe customers’ needs and try to use our best experience in other countries where our companies operate. The project of online shopping is one of the examples, when the project, created in Lithuania, was moved to Latvia and, finally, developed in Estonia”, – says General Director of MAXIMA GRUPĖ Neringa Janavičiūtė.

The new E-MAXIMA in Estonia is available since the beginning of February. The most demanded its products turn to be water, diapers and milk products. Prices online are the same as in MAXIMA shopping centers. Besides to this, customers can also use the same discounts as in the stores.

The first E-MAXIMA store was opened in Vilnius, Lithuania, in February 2011. Last March, it was replaced by the new online shop BARBORA, set up by the shareholders, according to a bilateral strategic partnership with MAXIMA LT. Meanwhile, E-MAXIMA was launched in March 2012 in Riga, Latvia. It is currently the only grocery store on the Internet in this country.

MAXIMA GRUPĖ is a holding company, established in 2007, that controls retail stores in Lithuania, Latvia, Estonia, Poland, and Bulgaria. It operates 519 stores MAXIMA X, MAXIMA XX, MAXIMA XXX, ALDIK and T-MARKET: 228 of them are located in Lithuania, 147 in Latvia, 73 in Estonia, 44 in Bulgaria and 27 in Poland.

Additional information:
Giedrius Juozapavičius,
Head of Corporate Affairs
MAXIMA GRUPĖ, UAB
Tel.: +370 659 15118
Email:  giedrius.juozapavicius@maximagrupe.eu
www.maximagrupe.eu

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 new stores were opened and 31 reconstructed during the year. The company‘s investment in expansion and chain maintenance in 2014 totaled almost EUR 56 million.

“As in the most countries we further observe rational consumers behavior that predetermines moderate but stable market growth, during the last years we mostly focused on increasing the companies’ competitiveness, first of all taking into account the interests of our consumers. Moreover, we paid significant attention to improving the operational processes of the companies’ in each country, starting from supply, the logistics chain, and management of the assortment of goods and finishing with improving of the working conditions in our stores. These working directions will remain relevant in the future as well”, – says Neringa Janavičiūtė, Director General of “MAXIMA GRUPĖ”, UAB.

N. Janavičiūtė notes that in terms of results by country, the company growth was the highest last year in Poland and Estonia. The turnover of “ALDIK” chain in Poland reached EUR 37.7 million without VAT and, compared to 2013, was 21.6 percent higher. Such swift growth is observed in the country for the second consecutive year. Two “ALDIK” stores were opened in Warsaw last year, and further chain expansion is planned this year as well.

Comparing the results in the Baltic States, for the third year in a row the biggest growth took place in Estonia. Total “MAXIMA Eesti” turnover exceeded EUR 401 million without VAT and was 5.2 percent higher than in 2013. These results were influenced by the increase of company’s competitiveness by expanding the chain of large stores in the Estonian capital: the started expansion of large format (“XX” format) stores proved fruitful and will be continued, and the first “MAXIMA XXX” store will open in Tallinn at the end of this year. Also last year the company started building a new logistics center, worth almost EUR 30 million. The end of its construction is estimated at the end of 2015.

In Lithuania the results reflected the country‘s overall economic growth trends. The turnover of “MAXIMA LT” grew 2.5 percent in 2014 and surpassed EUR 1,417 billion without VAT. One of the company‘s key objectives in 2014 was the proper preparation for the adoption of the Euro, and this went smoothly at the beginning of this year. In 2015 the company will focus mostly on ensuring the competitiveness.

“MAXIMA Latvija” turnover reached EUR 660 million without VAT last year, which is practically the same as the year before, having increased 0.1 percent. The company allocated the biggest attention and resources to implementing the Change Program – it was dedicated for this purpose over EUR 11 million.

The yearly turnover of “MAXIMA Bulgaria” was EUR 65.6 million without VAT and grew 4.2 percent. This year company also has plans to expand its chain by further increasing the number of small format “T-MARKET” stores.

“MAXIMA GRUPĖ” is a holding company, established in 2007, that controls retail stores in Lithuania, Latvia, Estonia, Poland, and Bulgaria. It has a total of 517 “MAXIMA X”, “MAXIMA XX”, “MAXIMA XXX”, “ALDIK”, and “T-MARKET” stores: 228 in Lithuania, 146 in Latvia, 73 in Estonia, 44 in Bulgaria, and 26 in Poland.

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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 offered after the construction  is complete in the end of  2015.  On Friday the time capsule was buried at the construction site by Manager of Maxima Eesti Vaidotas Pacesa, the Minister of Economic Affairs and Infrastructure Urve Palo and representatives of Rae municipality and the building company.

‘The business logic and business development in Estonia during the last years became the result of the decision to build a new logistics centre. Until now the part of the storage services in Estonia were bought from local companies and the remaining goods were delivered from Lithuania and Latvia. The new  logistics center will lead to more efficient business development and a faster goods delivery to Maxima stores in Estonia, thus ensuring even greater freshness and quality of the products,’  said MAXIMA GRUPE General Director Neringa Janavičiute.

The new logistics center will be located next to Tallinn bypass road. The location is very convenient for both:  goods delivery by the partners and goods distribution to the stores across the country. ‘We are very pleased that the government, local authorities and business co-operate in the project of this scale developing the surrounding infrastructure and totally reconstructing Tallinn bypass road,’ said Maxima Eesti Managing Director Vaidotas Pacesa. According to him, the company will invest more than LTL 1.7 million in the infrastructure of Rae municipality next to the future logistics center. Maxima also supports local social projects.

The new logistics center will become a central warehouse complex in the country, which will serve all Maxima stores in Estonia. The center will consist of dry and frozen food warehouses, including 13 platforms for acceptance of goods, which will be able to serve about 300 trucks a day. Modern solutions will be implemented in the object:  a special warehouse management system and a temperature controlled goods storage. This will be one of the largest logistics centers built in the country at the same time.

The new logistics center was designed by Nord Projekt As, the general contractor of the project is AS Ehitusfirma Rand  ja Tuulberg, author supervision is performed by As Telora-E. Currently there are 71 Maxima stores operating in Estonia and their number is going to be increased up to 73 by the end of the current year.

Retail companies operating in Lithuania, Latvia, Poland and Bulgaria controlled by MAXIMA GRUPE use their own and leased logistics centers. The warehouse area in Lithuania is over 100 thousand square meters, in Latvia – over than 60 thousand square meters. After this logistics project is implemented in Estonia, the warehouse area of the company in this country will increase to 45 thousand square meters.

MAXIMA GRUPE is a holding company set up in 2007, managing retail companies in Lithuania, Latvia, Estonia, Poland and Bulgaria. In all the countries MAXIMA GRUPE operates 511 stores: Maxima X, Maxima XX, Maxima XXX, Aldik, T-Market. Lithuania operates 228 stores, Latvia – 145, Estonia – 71, Bulgaria – 42, Poland – 25.  In 2013 the turnover of consolidated MAXIMA GRUPE was LTL 8.699 billion excluding VAT.