Friday , July 30 2021

Maxima joins Bulgaria – Business Intelligence



Maxima Group, the largest trading company in the Baltic States, joins Bulgaria, where it manages the T-Market envelope network.

CEO Maxima Bulgaria, Edwin Volk, Capital Publishing, says the monks will open two new stores by the end of the year and 74 will be there for the rest of the year. Volk, Bulgaria plans to open 4 stores.

Recently, the company opened a new concept at the T-Market Express in Sofia, which has invested $ 1 million. Eur. There is a social area in it where you can use the Internet for free, buy a phone, buy a dish, salad and other dishes.

According to Mr. Volkovo, 2018, it will be the first year in which the company will achieve a positive profit margin, tax, depreciation (EBITDA).

Mr. Volk predicts that Maxim's Bulgarian income will increase to 132 million. Eur. Last year I received 111 million. Revenues from EUR.

The Maxima Group has been operating in Bulgaria since 2005. Last year for the first time found itself in the top ten most popular retail chains in the world.

The Maxima Group, managed by Nerija Numavius, controlled by a trade group from Vilnius, intends to invest about 200 million litas next year. Eur, mainly in Poland, where Maxima bought the Stokrotka commercial network.

The Group manages the Maxima retail chains and the electronic grocery store of Barbora, Polska Stokrotka and Aldik in the Baltic region.

In 2017, the Maxima Group received EUR 2.806 billion. Consolidated net income in the amount of 4.2% In 2016. Net profit increased 2.1 times to 75 million. Eur.

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