Retail - Maxima Group

More European Retailers Stop Buying Russian Products In Response To Ukraine Invasion

Retailers including S Group, Kesko and Maxima Group have announced they are halting purchases of Russian products, in response to the country's invasion of...

Maxima Grupė Initiates Structural Changes To Real Estate Operations

Maxima Grupė has announced changes to its corporate structure that will see the retail operators in each country in which the group has a presence manage t...

Maxima Commences Renovation Of Five Stores In Latvia

Lithuanian retail group Maxima has announced that it has commenced the renovation of five stores in Latvia. Stores in Riga, Iecava, Sigulda, Dagda, and...

Bulgaria’s T-Market Targets 28% Annual Growth

Bulgarian supermarket chain T-Market is expecting sales to grow by 26-28% this year, according to CEO Edvinas Volkas. In an interview with Progress...

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...

Maxima Group Sees 3.7% Turnover Growth in 2015

Baltic region retail group Maxima increased its annual turnover by 3.7% in 2015, earning a total €2.68 billion. Profit after tax hit €77 milli...

Maxima Group Announces New CEO

Baltic-region retailer Maxima Group has announced Alvydas Šustikas as its new chief executive officer, replacing the outgoing Neringa Janavičiūtė....

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