The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
100 jobs Number of planned job creations
Announcement Date
26 March 2019
Employment effect (start)
26 March 2019
Foreseen end date
11 April 2019
Description
Lithuanian retailer Maxima LT is to create 100 new jobs in Vilnius in April 2019. The company is opening a store after renovation located in Vilnius shopping and entertainment centre Akropolis. This store will be the largest one in Lithuania; it will operate under the name Maxima XXXX. Around 100 new jobs will be created in the Maxima XXXX store; in total, it will employ 390 employees. The store is planned to open on 11 April 2019.
Currently Maxima LT owns 244 retail chains in Lithuania which employ 14,681 people. Maxima Group is the owner of the retail chains Maxima (in the Baltic countries), Aldik (in Poland) and T-Market (in Bulgaria), and of the Barbora e-grocery business operating in Lithuania and Latvia.
Eurofound (2019), Maxima LT, Business expansion in Lithuania, factsheet number 97455, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97455.
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