15 July 2019
Effective 16 July, Edvinas Volkas, until now head of the Maxima Grupė company in Bulgaria, has been appointed as the chairman of the board and the CEO of Maxima in Estonia. He will replace Marko Põder in that position. Peter Pavlov has been appointed as the CEO of Maxima Bulgaria.
3 June 2019
Andrius Mikalauskas has become the permanent CEO of the e-grocery business Barbora in Lithuania and Radas, the company that owns Barbora in the Baltics. He had held the position on an interim basis since February this year. The board of Radas has also been renewed, CFO of Maxima Grupė Vitalij Rakovski was elected as the chairman of the board.
9 April 2019
Maxima Grupė formed new Board and appointed new CEO of the company, the position has been taken by Jolanta Bivainytė. She replaced Justas Riauba, interim head of the company. The Board will be comprised of 7 members: CEO of Maxima Grupė, heads of its retail chains in five countries and the representative of Vilniaus Prekyba, the company that owns Maxima Grupė.
30 April 2019
In 2018, Maxima Grupė’s consolidated revenue grew by 22.1 percent compared with 2017 to EUR 3.451 billion; consolidated EBITDA reached EUR 223.6 million. The Group invested more than EUR 88 million into fixed assets and opened more than 100 new stores in all markets, most of them – in Poland.