Lithuania

Maxima LT Launches ‘Low Price Guarantee’ Campaign

Maxima LT, the Lithuanian business of Maxima Grupé has announced the commencement of a ‘Mažos Kainos Garantija’ (Low Price Guarantee) ca...

Maxima Group Sees Turnover Up Marginally In 2016

Lithuanian-based retailer Maxima Group has seen its consolidated retail turnover increase 0.2% in full-year 2016 to €2.68 billion, the company has ann...

New Chief Executive Named At Maxima Group

Lithuania's Maxima Group has appointed a new chief executive, Robertas Čipkus, following the departure of former CEO Alvydas Šustikas. Čipkus pre...

Lithuania's Maxima Grupė Unveils Number Of Management Changes

Lithuanian retailer Maxima Grupė has announced it is to remove the position of Head of Retail at the company, as part of a number of management changes the...

Maxima Grupė Acquires E-Commerce Company Barbora

Lithuanian retail chain Maxima Grupė has announced that it has acquired Barbora, the country's largest e-commerce company for food and groceries. The gr...

ICA Gruppen Confirms Potential Acquisition Of IKI

Swedish retailer ICA Gruppen said that it was in talks with Lithuania's Palink over a potential acquisition of its IKI chain in a statement on Friday,...