Lithuania

EU Bread Prices Rise Sharply In August: Eurostat

The price of bread in the EU has increased sharply, making the staple food more expensive than ever, according to the European Union statistics office Euro...

Maxima Grupė Completes €240m Eurobond Issue

Lithuanian retail giant Maxima Grupė has announced that it has issued €240 million in five-year senior unsecured notes under its EMTN programme.

Maxima Grupe Completes Second Issue Of Short-Term Notes

Maxima Grupe, one of the leading food retailers in the Baltics, has completed a €35 million commercial paper (short-term notes) offering with a 1...

Maxima Group Announces Management Reshuffle

Maxima Group has announced a number of changes in the top management of its Lithuanian, Latvian, and sourcing departments.

China Suspends Lithuanian Beef, Dairy, Beer Imports

China suspended imports of beef, dairy and beer from Lithuania this week, Lithuania's veterinary control agency said, amid a growing trade dispute over the...

RIMI Baltic Announces Appointment Of New Chief Executive

RIMI Baltic, part of Sweden's ICA Gruppen, has announced the appointment of Giedrius Bandzevicius as its new chief executive, replacing Edgar Sesemann.

Maxima Grupė Sees Revenue Up 6.5% In First Half

Lithuania’s Maxima Grupė has reported year-on-year revenue growth of 6.5%, to €2.18 billion, in the first half of its financial year ended 30 Ju...

The Private Label Issue – RIMI Baltic

As part of ESM's annual Private Label Issue, we looked at how RIMI Baltic, one of the most progressive retailers in the Baltic States, is seeking to &lsquo...