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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).
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.
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]
The Central Business District (abbreviated Vilnius CBD) is a rapidly developing business district in Šnipiškės eldership of Vilnius, Lithuania. [ 6 ] [ 7 ] [ 8 ] It is Lithuania's most important business district and the largest of its kind in the Baltic States .
Palink was founded by Belgian brothers George, Oliver and Nicolas Ortiz. [2] 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 ...
The beginning of the formation of the Vilnius prekyba Group was in 1992. The shareholders of the group companies were 9 Lithuanians, later named “VP devintukas”: brothers Nerijus Numa [10] (group leader), Vladas Numavičius and Julius Numas, [11] brothers Žilvinas, Mindaugas and Gintaras Marcinkevičius, Ignas Staškevičius, Renatas Vaitkevičius, Mindaugas Bagdonavičius.
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 ]
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