News

2015.09.08 13:45

Lithuanian retailer Maxima to enter Ireland

Lithuania-based retail chain Maxima is planning to enter Ireland's market. The chain is looking at the southern part of Dublin with Shankill shopping centre.

Lithuania-based retail chain Maxima is planning to enter Ireland's market. The chain is looking at the southern part of Dublin with Shankill shopping centre.

Construction work is well advanced on an extension to Shankill shopping centre, a few miles north of Bray. Mostly shuttered since the crash, it was bought for EUR 6 million by a company called Bilaro in 2012, irishtimes.com reports.

Bilaro is linked to Maxima, a Lithuanian chain that employs 30,000 people across 500 stores in the Baltics, Bulgaria and Poland, where it trades as Aldik.

Bilaro's directors are two Lithuanians, Airidas Kondratas and Aurimas Zimnickas, who work for Agile Investment, an investment arm of the parent of Maxima. It also owns Supersol in Spain.

It is said that Maxima is planning more outlets apart from Shankill.