VP Market

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VP Market.
Type Discount department store/Public
Founded Vilnius, Lithuania (1992)
Headquarters Vilnius, Lithuania
Key people Gintaras Marcinkevičius, CEO
Mindaugas Bagdonavičius
Eglė Marcinkevičiūtė
Gintaras Mikulskas
Mindaugas Šimkus
Industry Retail
Employees 20549 (2005)
Website www.vpmarket.lt

VP MARKET is a private Lithuanian company, the operator of the largest retail trade network for the foodstuffs and manufactured goods in the Baltic States. The company was originally called "Vilniaus prekyba" -- the letters VP stand for, literally, Vilnius' Trade. The second largest company in sales and services in Lithuania, VP Market owns trade networks in Lithuania, Latvia, Estonia, Romania and Bulgaria, consisting of the trade centers MAXIMA, MAXIMA X, MAXIMA XX, MAXIMA XXX, T-MARKET, BAZĖ, ALBINUTA. As of October 31, 2006, the company owns 198 trade centers in Lithuania, 105 trade centers in Latvia, 31 trade centers in Estonia, 9 trade centers in Romania and 13 trade centers in Bulgaria; almost 600,000 buyers come to the company’s trade centers every day.

[edit] VP Group structure

Akropolis Supermarket in Šeškinė
Akropolis Supermarket in Šeškinė
  • MAXIMA LT, UAB - operates MAXIMA X, MAXIMA XX, MAXIMA XXX, BAZĖ stores and SAULUTĖ shops in Lithuania.
  • MAXIMA LATVIA, SIA - operates MAXIMA stores in Latvia.
  • MAXIMA EESTI, OÜ - operates T-MARKET and MAXIMA stores in Estonia.
  • VP MARKET NDX S.R.L - operates ALBINUTA stores in Romania.
  • VP MARKET Bulgaria EOOD - operates T-MARKET stores in Bulgaria.
  • UAB Eurofarmacijos Vaistinės – chain of pharmacies in Lithuania, Latvia, Estonia, Poland, Chzeck Republic and Romania.
  • UAB Delano – chain of fast food restaurants and pizza parlours in Lithuania and Latvia.
  • AB Vilniaus Akropolis – construction and development of retail centres.
  • UAB VP Sauga - security services.
  • UADBB VP Draudimas - insurance broker.
  • UAB Eurocom - telecom services.
  • AB Rudalita - car park operator.
  • FMĮ UAB Naugvilda - financial brokerage.

[edit] See also

Maxima supermarket