The large Lithuanian retail chain in the Baltic Maxima Grupė is aiming to expand and open new stores in Poland and the countries near it.
Maxima Grupė Chairman of the Board and CEO Dalius Misiūnassays: “Next year we plan active expansion, with the main focus on Poland. That market of 38 million people is attractive for its size and its growth and consolidation potential. The merger of the Stokrotka retail chain which we acquired in the spring and Aldik which we already owned has laid a strong foundation for further growth in that neighboring country. We plan to maintain a fast pace of growth there in the coming years,”
As it is known the company has been through many deals and merges and it is planning to grow by expanding to other markets and join the competition.