Maxima Group Explained

Maxima Group
Type:Private
Founded: in Vilnius
Key People:Manfredas Dargužis, CEO[1]
Location:Vilnius, Lithuania
Parent:Vilniaus Prekyba UAB[2]
Industry:Retail, general merchandise
Area Served:Bulgaria
Poland
Baltics
Revenue:€5.845 billion (2023)[3]
Num Employees:37,828 (2023)[4]
Products:Groceries, consumer goods
Subsid:[5]

Maxima Grupė UAB is a Lithuanian group of retail chain companies operating in Lithuania, Latvia, Estonia, Poland and Bulgaria. It is the largest Lithuanian capital company[6] and the largest employer in the Baltic states., Maxima has 1599[7] stores in Lithuania, Latvia, Estonia, Poland and Bulgaria. Each store offers between 3,000 and 65,000 brands, depending on the size of the store. The group employs around 40,000 people. Its main headquarters are in Vilnius, Lithuania.

History

Three stores with different names were opened in Vilnius in 1992. First Maxima store was opened in 1998.[8]

At the end of 2011, Maxima Group bought the Aldik supermarket chain in Poland with 24 stores.[9]

Between 2012 and 2020, Maxima also operated a division in Spain, under the names SuperSol (supermarkets) and Cash Diplo (Cash & Carry).[10] It mainly operated in Madrid and Andalusia. It was acquired in 2012 to the DinoSol group,[11] and SuperSol was sold in 2020 to Carrefour,[12] while Cash Diplo was subject to a corporate takeover in 2021.

In 2019, "Aldik" and "Stokrotka" retail chains are merged and continue to operate under one name, "Stokrotka".[13]

Statistics

BulgariaEstoniaLatviaLithuaniaPolandTotal [14]
Total number of stores (2023)124831702469761,599
Number of employees (2023)2,5023,3906,29712,70412,93537,828
Profit (mil. ) (2023)18.640.4100.7207.7116.3479.0
Revenue (bil. ) (2023)0.2750.5931.0732.1431.7395.845

Maxima LT

Maxima LT is the largest part of Maxima Group. Maxima stores in Lithuania hold 30% of the total retail market. In 2011, GILD Bankers announced that Maxima Group was the most valuable company.[15] Maxima LT employs 12,704 people (as of December 2023),[16] and operates 246 stores.[17]

Maxima LT CEOs

Maxima Latvija

On 21 November 2013, the roof of a Maxima XX store in Riga collapsed, killing 54 people and seriously injuring many more. So far it is not known what caused the disaster, but the police are investigating three scenarios: that there was an error in architectural design and authorities overseeing planning had been negligent; that the cause was related to the initial building procedure; and that it was caused by the current construction of the green roof.[25]

Aldik

Maxima Group operated in Poland under the name of Aldik, to 2018, when these stores started changing to Stokrotka after Maxima Group became main shareholder of Poland's EMPERIA HOLDING S.A. which operates the Stokrotka name.[26]

SuperSol

The Spanish supermarket chain SuperSol was owned by Maxima between 2012 and 2020. The supermarket had a presence in the Madrid province (including Ávila, Guadalajara and Toledo in the metropolitan area) and Southern Spain (Andalusia, Extremadura, Ceuta and Melilla).[27]

This Spanish arm also included Cash Diplo as a Cash & Carry division. Cash Diplo was subject to a corporate takeover in 2021.[28]

See also

External links

Notes and References

  1. Web site: Corporate Governance - MAXIMA Grupė. 2020-12-23. www.maximagrupe.eu.
  2. Web site: Organisational structure . www.maximagrupe.eu . 11 June 2019.
  3. Web site: 2022 Consolidated Annual Report.
  4. Web site: https://maximagrupe.eu/uploads/images/investuotojams/Maxima%20Grupe%20Konsoliduotasis%20metinis%20pranesimas%202023.pdf.
  5. Web site: Organizational chart.
  6. Web site: https://www.devex.com/organizations/maxima-group-133393.
  7. Web site: Who we are. maximagrupe.eu.
  8. Web site: Maxima - MadeinVilnius.lt - Vilniaus naujienų dienoraštis .
  9. Web site: "Maxima grupei" leista įsigyti Lenkijos prekybos tinklą. 29 December 2011. DELFI. 1 July 2015.
  10. Web site: Aprendizajes del fracaso de Maxima Group con Supersol. 1 September 2020. Enric Ezquerra. 29 June 2021.
  11. News: Dinosol vende la cadena Supersol. 5 March 2012. 16 March 2021. EL PAÍS.
  12. Web site: Carrefour compra las tiendas de Supersol en España por 78 millones de euros. 27 August 2020. ABC. 29 June 2021.
  13. Web site: "Maxima Grupė" jungia savo prekybos tinklus Lenkijoje . 2022-07-13 . 15min.lt/verslas . lt.
  14. Web site: 2023 Consolidated Annual Report . www.maximagrupe.eu.
  15. Web site: Vertingiausių Lietuvos bendrovių dešimtuke - Maxima, "Lietuvos dujos" ir "Lietuvos energija". 23 December 2011. DELFI. 1 July 2015.
  16. http://rekvizitai.vz.lt/imone/maxima_lt_uab/darbuotoju-skaicius/ Maxima LT, UAB
  17. Web site: Maxima LT Launches 'Low Price Guarantee' Campaign . 2023-01-13 . ESM Magazine . 23 February 2017 . en.
  18. Web site: "Maxima LT" vadovaus G.Jasinskas . 2018-04-07 . https://web.archive.org/web/20100420153057/http://www.lrytas.lt/-11998043981197500527-maxima-lt-vadovaus-g-jasinskas.htm . 2010-04-20 . dead .
  19. http://manokarjera.cv.lt/career.aspx?id=53BD845D-818C-4566-8889-51D9B32CA38F Iš tarnybos į...
  20. Web site: "Maximos" vadovybėje - rokiruotė. DELFI.
  21. Web site: Keičiasi "Maxima LT" vadovas. DELFI.
  22. Web site: New Board of Maxima Grupė formed, J. Bivainytė appointed as CEO. www.maximagrupe.eu. 2019-11-05.
  23. https://www.vz.lt/prekyba/2022/03/03/vilniaus-prekyboje--septyniu-vadovu-rotacija-nauja-vadova-turi-ir-maxima-lt&template=api_article
  24. https://www.vz.lt/verslo-valdymas/is-tarnybos-i/2023/06/05/vel-rotacija-j-bivainyte-grizta-vadovauti-maxima-lt
  25. News: Cilvēki meklē atbildes par Zolitūdes traģēdijas iemesliem un atbildīgajiem. 23 November 2013. la.lv. Latvian. 23 November 2013.
  26. Web site: Koniec powstałej w Lublinie sieci sklepów. Aldiki zmienią się w Stokrotki. Lublin112.pl Wiadomości z Lublina i regionu. Lublin, Lubelskie, Lubelszczyzna. Ważne informacje z kraju. pl-PL. 2019-09-13.
  27. Web site: Quiénes somos. es-ES. 2021-06-29.
  28. Web site: Directivos SuperSol comprarán división mayorista. 8 February 2021 . es-ES. 2021-06-29.