Norfa Explained

Norfa
Native Name:Norfa
Trade Name:Norfa
Area Served:Lithuania
Key People:CEO Audrius Pocevičius
Industry:Retail
Revenue:678.507 million (2022)[1]
Operating Income:€19.382 million
Net Income:€15.630 million
Assets:€117.220 million
Equity:€62.533 million
Num Employees:3 503[2]
Num Employees Year:2024
Parent:Norfos Mažmena
Location City:Vilnius
Location Country:Lithuania

Norfa is a supermarket chain in Lithuania. In 2022, it was fourth largest chain of retail stores in Lithuania.[1]

Norfa chain stores sizes (in square meters):

The first Norfa store was opened in Žirmūnai, Vilnius.In 2023, Norfa opened new stores in Klaipėda, Plungė, Raseiniai, Telšiai and Vilnius.From September 2023 customers will no longer be able to pay for utility services in Norfa stores.According to 15min, Norfa pays highest salaries among other supermarket chains in Lithuania with average monthly net salary reaching €1,046 (€1,633 gross).

History

UAB "Norfos mažmena" was established in 1997. The company opened its first store in 1997. By the end of 2004 company had 87 stores. In 2022, this number reached 155.

See also

Notes and References

  1. Web site: Norfos mažmena, UAB revenue, profit. www.rekvizitai.vz.lt.
  2. https://rekvizitai.vz.lt/en/company/norfos_mazmena/number-of-employees/