Estonia

Maxima Grupė Reports 'Moderate' Revenue Growth In First Half

Maxima Grupė has reported consolidated revenue growth of 4.7% in the first half of 2024, to €3 billion, compared to the same period last year.

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Inese Petersone Of Rimi Latvia On The Importance Of Value In Private Label

In the May/June 2024 edition of ESM, we spoke to several prominent operators across Europe about how they are enhancing their private-label offerings.

Maxima Grupė Reports Double-Digit Revenue Growth In FY 2023

Maxima Grupė has reported a 13% increase in consolidated revenue to €5.8 billion in full-year 2023.

Barbora To Cease Operations In Poland

Online grocer Barbora Polska will cease operations in Poland on 3 March 2024, parent company Maxima Grupė has announced.

Maxima Grupė Sees Revenue Up By Almost A Fifth In First Half

Maxima Grupė has reported an 18% year-on-year increase in revenue to €2.8 billion in the first six months of its financial year.

Bolt Names Mikko Salovaara As CFO In Preparation For IPO

Estonian food delivery and ride-hailing startup Bolt has named Mikko Salovaara as its chief financial officer ahead of the company's preparation for an ini...

Top 10 European Markets By Consumption Of Contraband And Counterfeit Cigarettes

A new study by KPMG, commissioned by Philip Morris, has found that consumption of contraband and counterfeit cigarettes in the EU27 grew by 0.7% last year,...

Estonia's Bolt, Starship In Food Delivery Robot Deal

Estonian food delivery startup Bolt has signed a partnership with robotics firm Starship Technologies, as part of which it is aiming to have thousands of r...