Aibė Explained

Aibė
Native Name:Aibė
Area Served:Lithuania
Key People:CEO Renatas Vaitkevičius
Industry:Retail
Revenue:221.421 million (2022)[1]
Operating Income:€8.057 million (2022)
Net Income:€6.294 million (2022)
Assets:€60.611 million (2022)
Equity:€54.235 million (2022)
Parent:Aljansas AIBĖ, UAB
Location City:Vilnius
Location Country:Lithuania

Aibė is a supermarket chain in Lithuania. In 2022, it was the sixth largest chain of retail stores in Lithuania.[1]

Aibė has been operating since 1999. Currently there are 1,400 stores in Lithuania and Latvia combined.

In 2023, Aibė was accused of selling Russian and Belarusian products in its stores.

In 2023, Aibė opened its first house building, home repairing and improvement store.

In May 2023, Aibė shop in Vilnius District Municipality was caught on fire.

History

In 1999, the first supermarket was opened in Lithuania.

In 2011, the company changed its interior style. In 2002, the company expanded to Latvia.

In 2022, the combined turnover of its Lithuanian and Latvian stores reached €700 million.

See also

Notes and References

  1. Web site: Aljansas AIBĖ, UAB revenue, profit. www.rekvizitai.vz.lt.