9th of May, 2016

In 2016, consolidated audited turnover of “Maxima Grupė” companies in Baltic states, Poland and Bulgaria amounted to EUR 2.693 billion without VAT, consolidated net profit after tax comprised EUR 33 million, while investments in fixed assets exceeded EUR 67 million. More than EUR 179 million of taxes were paid in Lithuania.

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11 April 2017

Vilnius Regional Court has accepted a joint claim by Maxima Latvija SIA (a subsidiary of Maxima grupe, UAB) and SIA Tineo against ERGO Insurance SE as this company refused to pay insurance benefit, amounting to EUR 5.34 million.

 

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14 February 2016

In 2016, consolidated retail turnover of Maxima Grupė managing retail companies in Lithuania, Latvia, Estonia, Poland and Bulgaria reached EUR 2.684 billion excl. VAT. Compared to 2015, it increased by 0.2 percent. Retail turnover was increased by group companies in Latvia (1.9 percent), Estonia (1.2 percent), Bulgaria (22.1 percent) and Poland (6.1 percent), meanwhile in Lithuania retail turnover decreased (-2.1 percent).

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8 February 2016

Once Alvydas Šustikas decided to leave Maxima Grupė managing retail companies in Lithuania, Latvia, Estonia, Poland and Bulgaria, the Board of the company appointed a new CEO and a Chairman of the Board. Since 8 February, Robertas Čipkus, Director of Finance of the company, will be appointed the CEO of Maxima Grupė and board member of Maxima LT. Petras Jašinskas, a member of the Company’s Board, was elected the Chair of the Board of Maxima Grupė. Legal Director Eugenijus Filonovas was also appointed to the Board of Maxima Grupė.

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23 January 2017 

Jaunius Špakauskas, who is currently Head of Corporate Affairs at Maxima Grupė, starting 24th of January, will assume the position of Head of Corporate Affairs at Maxima LT, subsidiary of Maxima Grupė. The move is part of Maxima LT corporate governance improvement plan. 

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