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Lithuania has around 34 shopping malls with more than 10,000 m 2 (110,000 sq ft) square meters of space. Another two are under construction. At the end of 2018, the total retail space in shopping centres larger than 5,000 square metres (54,000 sq ft) of gross leasable area and with more than 10 tenants amounted to approximately 1,100,000 square metres (12,000,000 sq ft).
Maxima LT is the largest part of Maxima Group. Maxima stores in Lithuania hold 30% of the total retail market. In 2011, GILD Bankers announced that Maxima Group was the most valuable company. [15] Maxima LT employs 12,704 people (as of December 2023), [16] and operates 246 stores. [17]
Akropolis is the largest shopping mall in the Baltics by floor area, a shopping center and entertainment center in Vilnius, the Lithuanian capital. It was built in Šeškinė by Akropolis Group in 2002 and opened in April 2002 (at that time the area was 54,000 square meters). The bank "Hansa-LTB" financed the construction.
Between 2000 and 2018, more than 480,000 square metres (5,200,000 sq ft) of floor area was added to Vilnius CBD. [9] Most of the growth occurred after 2010, with intense growth continuing after 2020. [10] Since 2022, Vilnius has been experiencing a large influx of foreign professionals, many of whom work in the CBD. [11]
The first store was opened in 1992 in Vilnius, Lithuania. [3] In 2005, Palink opened its first store in Riga, Latvia. In 2014, Palink sold all IKI stores in Latvia (51 stores) to local company Mego, stating that Palink is not interested in investing in Latvia anymore. IKI was 5th largest supermarket chain in Latvia. [4] [5]
€871 million [3] Norfa: 158: Norfos Mažmena, UAB: €784 million [4] Rimi: 89: ... Companies of NASDAQ OMX Vilnius; Former operations. CBA (ceased operation in 2015)
A Narvesen store in Vilnius, Lithuania A Narvesen store in Hønefoss, Norway. Narvesen is a Norwegian chain of newsagents / convenience stores which, with its 370 outlets nationwide, is one of Norway's largest retailers. The company has since 2000 been part of the Reitan Group (Reitangruppen). [2] [3] [4]
Konstitucijos Avenue (literally: Constitution Avenue; Lithuanian: Konstitucijos prospektas) is a major transport artery of Vilnius, the capital of Lithuania.It goes through Vilnius Central Business District where many corporates have their local or regional headquarters.