July 26, 2024

On July 25, 2024, following the review of group's operations and financial results, the international credit rating agency, has reaffirmed MAXIMA GRUPĖ‘s long-term issuer credit rating at BB+ with a stable outlook.

On June 27, 2024, MAXIMA GRUPĖ, UAB adopted the decision to reduce the number of members of the Board of its subsidiary RADAS, UAB from five to three, and, accordingly, appointed for a new term of office of four years the new members of the Board Povilas Šulys, CEO of RADAS, UAB Jolanta Bivainytė, CEO of MAXIMA LT, UAB  and Šarūnas Savičianskas, CTO of RADAS, UAB. The revoked Board of RADAS, UAB consisted of Manfredas Dargužis, MAXIMA GRUPĖ, UAB, Asta Juodeškaitė, Head of HR of RADAS, UAB, Povilas Šulys, and Šarūnas Savičianskas.

Starting May 30, Manfredas Dargužis, CEO of "MAXIMA GRUPĖ," UAB, will also temporarily lead the subsidiary company FRANMAX, UAB, which handles IT development, support, and maintenance for the group's companies. Karolis Lesickas, who has been leading the company until now, is leaving the group of companies.

On Tuesday, May 28th, Povilas Šulys will assume the roles of director of UAB "Barbora" and director and board member of its managing company RADAS, UAB.

Retail leader in the Baltic States MAXIMA GRUPĖ, UAB, which manages "Maxima" retail chains in Lithuania, Latvia, and Estonia, "Stokrotka" in Poland, "T-Market" in Bulgaria, and the online store "Barbora" in the Baltic States, announces consolidated financial results for 2023.