MAXIMA GRUPĖ, which operates retail chains and e-commerce in the Baltic States, Poland, and Bulgaria, has its near-term science-based emissions reduction targets validated by the Science Based Targets initiative (SBTi) at the end of December 2023, after committing to set such targets earlier in March the same year. The Scope 1 and 2 targets ambition have been classified as in line with 1.5oC trajectory.

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The consolidated revenues of companies controlled by MAXIMA GRUPĖ, UAB for the first half of 2023 increased by 18% and reached 2.8 billion EUR. Nearly half of the revenue growth was contributed by the increase in turnover of the retail chain “Stokrotka,” driven by several years of expansion in Poland. In the Baltic countries' stores, both customer traffic and the average shopping basket increased. Consolidated like-for-like (LFL) retail revenue grew by 15.7% at constant exchange rates.

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As of August 1st, Agnė Voverė, member of the Board of MAXIMA GRUPĖ, UAB has been appointed as the CEO of MAXIMA International Sourcing, UAB.

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Maxima Grupė, owning the leading retail chains Maxima and Barbora (an e-commerce business) in the Baltic States, as well as the retail chains Stokrotka in Poland and T-market in Bulgaria is pleased to announce that Standard & Poor's has confirmed its BB+ credit rating with a stable outlook. This affirmation reflects Maxima Grupė's strong financial position, robust business model, and its ability to navigate challenging market conditions.

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MAXIMA GRUPĖ, UAB announces appointment of new general managers for MAXIMA GRUPĖ, UAB and MAXIMA LT, UAB. Effective June 5th, Manfredas Dargužis becomes the new CEO of MAXIMA GRUPĖ, and Jolanta Bivainytė assumes the role of CEO for MAXIMA LT.

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