Palink
 IKI Express shop in Vilnius downtown | |
| IKI | |
| Industry | Retail |
| Founded | 1992 |
| Headquarters | Vilnius, Lithuania |
Area served | Lithuania |
| Revenue | 2.3 bil. LTL [1] |
| Website |
www |
Palink is operator of supermarkets chain IKI in Lithuania.
History
The first store was opened in 1992 in Vilnius, Lithuania. It owns 240 "Iki", "Iki Cento" and "Iki Express" stores in more than 70 cities in Lithuania.[2]
In 2014 Palink sold all IKI stores in Latvia (51 store) to local company "Mego", stating that Palink is not interested in investing in Latvia anymore. IKI was 5th largest supermarket chain in Latvia.[3][4]