Type
Business expansion
Country
Lithuania
Region
Lietuva;
Location of affected unit(s)
Sector
Retail
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale In Non-Specialised Stores
47.1 - Retail sale in non-specialised stores

400 jobs
Number of planned job creations
Job creation
Announcement Date
31 May 2012
Employment effect (start)
31 May 2012
Foreseen end date
31 December 2012

Description

Retailer Maxima LT announced plans to create 400 new jobs across different regions of Lithuania by the end of 2012.

According to the management, the company plans further expansion and will continue to invest in upgrading its stores in 2012.

Currently Maxima LT employs around 15,600 people. The group owns retail chains operating in Lithuania, Latvia, Estonia, and Bulgaria. 


Sources

  • 31 May 2012: Lietuvos Rytas

Citation

Eurofound (2012), Maxima LT, Business expansion in Lithuania, factsheet number 73800, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73800.