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February 14, 2016 12:54 PM ET

Multiline Retail

Company Overview of Maxima Latvija Sia

Company Overview

Maxima Latvija Sia owns and operates retail stores. The company is based in Riga, Latvia. Maxima Latvija Sia operates as a subsidiary of MAXIMA GRUPË.

ABRAS, Kekavas pagasts

Riga,  2111

Latvia

Phone:

371 789 2100

Fax:

371 789 2101

Key Executives for Maxima Latvija Sia

Chief Executive Officer
Compensation as of Fiscal Year 2015.

Maxima Latvija Sia Key Developments

Maxima Latvija Reports Sales Results for the Year 2015

Maxima Latvija reported sales results for the year 2015. For the year, the company posted revenue 2.3% growth to EUR 676.1 million.

Maxima Latvija Opens New Stores

Maxima Latvija retailer planed to invest EUR 2 million in the reconstruction of its existing stores. At the beginning of this year, the retail company opened a new store in Riga and is going to open another one in Riga and one in the eastern Latvian town of Plavinas by the end of this year. Maxima Latvija is also planning to renovate its stores in the central Latvian town of Jelgava and the western Latvian town of Aizpute. New Maxima stores are scheduled to open also in 2016.

MAXIMA Latvia Announces Executive Changes

MAXIMA GRUPE announced that, after having headed MAXIMA Latvia for almost two years, Jelena Kondrašova takes leave to further pursue her career in Akropolis LV. In her new position as Member of the Board she will work with the team developing the Akropolis mall in Riga. Taking her place as of September 7, 2015, is Andris Vilcmeieris. Prior to joining MAXIMA Latvia, Andris Vilcmeieris was Member of the Board of Putnu fabrika Kekava. He also has experience in the sphere of logistics and transportation. Andris held positions in companies such as Venstpils nafta, Latvijas kugnieciba, Ventspils naftas terminals, and Lat Ros Trans. He has also worked in investment management.

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