3 June 2019

Andrius Mikalauskas has become the permanent CEO of the e-grocery business Barbora in Lithuania and Radas, the company that owns Barbora in the Baltics. He had held the position on an interim basis since February this year. The board of Radas has also been renewed, CFO of Maxima Grupė Vitalij Rakovski was elected as the chairman of the board.

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9 April 2019

Maxima Grupė formed new Board and appointed new CEO of the company, the position has been taken by Jolanta Bivainytė. She replaced Justas Riauba, interim head of the company. The Board will be comprised of 7 members: CEO of Maxima Grupė, heads of its retail chains in five countries and the representative of Vilniaus Prekyba, the company that owns Maxima Grupė.

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3 May 2019

Povilas Šulys has been appointed as the new CEO of the Maxima Grupė company Franmax, which provides the group’s companies with franchise and support services in the areas of IT, supply-chain and store development. He is replacing Eglė Šimė.

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30 April 2019

In 2018, Maxima Grupė’s consolidated revenue grew by 22.1 percent compared with 2017 to EUR 3.451 billion; consolidated EBITDA reached EUR 223.6 million. The Group invested more than EUR 88 million into fixed assets and opened more than 100 new stores in all markets, most of them – in Poland.

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26 April 2019

Maxima Grupė has appointed Gintaras Jasinskas as its new head of commerce. He will head the subsidiary Maxima International Sourcing, which provides agency services to the group’s retail chains in the Baltic countries, Poland and Bulgaria, develops private label brands, and engages in wholesale trade. G. Jasinskas will also continue working as CEO of Maxima International Sourcing’s Polish unit.

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