6 October 2017

The most beloved brands in Latvia and in the Baltic States were announced during the Most Beloved Brand 2017 award ceremony last week at Riga. In competition of 50 different companies “Maxima” was announced as the 5th Most Beloved Brand in the Baltics in 2017 (8th place in 2016). The Most Beloved Brand TOP in Latvia is organised for 13 years now while the most beloved brands in the Baltic States are recognised since 2012.

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4 August 2017

In order to bring challenges under control, corporate governance model of “Vilniaus Prekyba” transformed in the beginning of this year - boards of operational business companies were established, including members of the boards and CEOs of parent and associated companies. After the model answered the purpose, Vilniaus Prekyba decided to appoint CEOs of main “Maxima” businesses in the Baltic States to members of the boards of “Maxima Grupė” and “Franmax”. The Chair of the Board of UAB “Vilniaus Prekyba” will continue chairing boards of “Maxima” business companies, while teams of heads of business will play the main role in “Maxima Grupė” operational business companies “Maxima LT”, “Maxima Latvija” and “Maxima Eesti”.

 

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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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