Lithuania

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,...

Downpours Hit Baltic Wheat Crops as Production Set to Decline

A deluge that’s hitting Baltic countries is hurting this year’s wheat crop as production is set to fall and quality deteriorates, according to...

Lithuania’s Maxima Grupė Acquires Bulgarian Stores From Penny Market

Maxima Grupė subsidiary Maxima Bulgaria has announced that it has acquired 12 stores from Germany’s Penny Market, part of the Rewe Group. The stor...

Maxima Group Unveils 'Electronic Nose' To Track Freshness

Lithuania's Maxima Group has launched what it calls an 'electronic nose' - a mobile tool that enables shoppers to make sure of the freshness and quality of...

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Maxima Group Sees 3.7% Turnover Growth in 2015

Maxima Group Announces New CEO

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