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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).
Apranga is listed on the NASDAQ OMX Vilnius Stock Exchange and is owned by MG Baltic. [14] In 2007, Euromoney ranked it 1st in Lithuania among " Emerging Europe's Best Managed Companies " [ 15 ] In 2009, Apranga made a net loss of 17 m LTL on retail turnover of 393 m LTL. [ 16 ]
Three stores with different names were opened in Vilnius in 1992. First Maxima store was opened in 1998. [8] At the end of 2011, Maxima Group bought the Aldik supermarket chain in Poland with 24 stores. [9] Between 2012 and 2020, Maxima also operated a division in Spain, under the names SuperSol (supermarkets) and Cash Diplo (Cash & Carry). [10]
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]
Rimi Baltic is a major retail operator in the Baltic states based in Riga, Latvia.It is a subsidiary of Swedish group ICA.Rimi Baltic operates 314 retail stores in Estonia (84 stores), Latvia (141 stores) and Lithuania (89 stores) and has distribution centres in each country.
€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)