Timeline

First three grocery stores opened in Vilnius.

New stores with a common standard opened under the name "Vilniaus prekyba".

First MAXIMA store opened in Vilnius. Launch of the MINIMA, operating in Vilnius MEDIA, MAXIMA chain.

First TAUPA store began operating in Vilnius.

T-MARKET, MAXIMA, mini-MAXIMA retail chain launched in Latvia and Estonia.

TAUPA stores renamed I-MARKE.

T-MARKET stores renamed SAULUTÉ.

T-MARKET retail chain began operating in Bulgaria.

All stores in the Baltics were combined into the unified chain - MAXIMA.

MAXIMA GRUPE established.

Group companies began to use franchising, which is now provided by FRANMAX.

New T-MARKER EXPRESS store format introduced in Bulgaria.

ALDIK retail chain acquired in Poland.

Expansion in Bulgaria: 12 stores acquired.

MAXIMA GRUPÉ acquired the online grocer BARBORA.

MAXIMA LT turns 25.

MAXIMA GRUPE became the main shareholder of Poland's EMPERIA HOLDING S.A. which operates the STOKROTKA retail chain.

BARBORA started its operations in Latvia and Estonia.

MAXIMA GRUPE placed a EUR 300 million issue of 5 year bonds.

SANO retail chain acquired in Poland.

MAXIMA GRUPĖ approved the operational strategy until 2025.

MAXIMA INTERNATIONAL SOURCING was established, where centralized procurement competencies were created.

MAXIMA GROUP stores in Poland start operating under one name - Stokrotka

MAXIMA GROUP has become a member of the "Global Compact" initiative of the United Nations Organization (UNO).

MAXIMA GROUP received an environmental, social and governance risk management rating of 21.7 points from Morningstar Sustainalytics, an independent leader in ESG ratings. With this assessment, MAXIMA GROUP is among the 20% best rated leaders in its sector.

BARBORA enters the Polish market and operates here until 2024.

MAXIMA GRUPĖ issued 240 million euros of 5-year bonds under the approved EMTN program.

MAXIMA GRUPĖ has joined the Science Based Targets Initiative (hereinafter referred to as SBTi) and committed to reduce its impact on the environment by 2030.

MAXIMA GRUPĖ has received official approval for its short-term, scientifically based emission reduction goals.