7 April 2021
“2020 year was challenging for MAXIMA GRUPĖ, especially in the Baltics, where revenue growth was stagnating, however continuous expansion in Poland and significant e-commerce growth, has increased MAXIMA GRUPĖ’s 2020 revenue by 5.8%, which stood at EUR 4,226 million. Also, we reviewed our cost structure and significantly improved our results in Poland, which allowed us to improve operating profit. Last year, all of our 41 thousand employees dedicated a lot of efforts in order to ensure the availability of the necessary products and the safe shopping experience to millions of our clients” said Mantas Kuncaitis, the CEO and the Chairman of the Board of MAXIMA GRUPĖ.
16 March 2021
Maxima Grupė UAB, the company, controlling the largest food retail group in the Baltics has successfully completed an inaugural Commercial Paper offering with 12 months tenor. The nominal value of the transaction amounts to EUR 40 million.
3 March 2021
Barbora, the largest online grocery and everyday goods store in the Baltic States, has a new manager.
14 January 2021
The largest Baltic e-grocery store Barbora owned by Maxima Grupė is entering the Polish market.