May 25, 2017 6:03 AM ET

Food and Staples Retailing

Company Overview of SIA MAXIMA Latvija

Company Overview

SIA MAXIMA Latvija owns and operates a chain of retail stores in Lithuania, Latvia, Estonia, Poland, Bulgaria, and Spain. The company’s stores offer fresh meat and smoked products, fish, culinary products and desserts, bread, confectionary, and pastries, as well as fresh fruits and vegetables. It also operates an online grocery store in Latvia. In addition, the company provides rent premises for various activities in its shopping centers. The company was founded in 2001 and is based in Riga, Latvia. SIA MAXIMA Latvija operates as a subsidiary of Maxima Grupe, Uab.

ABRAS, Kekavas pagasts

Riga,  2111


Founded in 2001


371 789 2100


371 789 2101

Key Executives for SIA MAXIMA Latvija

Chief Executive Officer
Compensation as of Fiscal Year 2016.

SIA MAXIMA Latvija Key Developments

Maxima Latvija Reports Earnings Results for the Year 2016; Opens New Store in Marupe and at the Domina Shopping Mall

Maxima Latvija reported earnings results for the year 2016. For the year, the company achieved EUR 694 million in turnover last year, which is 0.7% more than in 2015, while the company's profit decreased 37.5% to EUR 11.98 million. The company announced that a new Maxima store will open in Marupe in June, and another one, at the Domina Shopping mall, will also open in the summer.

Maxima Latvija Plans to Open 3 Stores in 2016

Maxima Latvija plans on adding three more stores to its retail chain this year. Company has opened stores in Riga and the central Latvian town of Dobele this year, spending about EUR 700 on these projects.

Maxima Latvija Invests EUR 0.5 Million in Self-Service Cash Registers

Maxima Latvija has invested more than EUR 0.5 million in self-service cash registers. The new self-service cash registered are opened in a Maxima store in Jelgava. The store will have five self-service cash registers.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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