Uždaroji akcinė bendrovė "Vilniaus prekyba"

Uždaroji akcinė bendrovė "Vilniaus prekyba" (UAB Vilniaus prekyba) is a Lithuanian private holding company that owns and manages leading retail and real estate businesses across the Baltic region and select European markets. Its portfolio has historically included supermarket retail (Maxima Grupė), pharmacy retail (Euroapotheca), DIY/home improvement (Ermitažas), and shopping center development/management (Akropolis Group). The company is widely regarded as one of the most significant privately owned business groups in the Baltics.

Company Overview

Legal name: Uždaroji akcinė bendrovė "Vilniaus prekyba" (UAB Vilniaus prekyba)
Founded: 1992 (as a retail group in Vilnius; subsequently structured as a holding company)
Headquarters: Vilnius, Lithuania (exact registered street address noted below; see Legal Information)
Industry sector: Investment holding; retail (food & consumer goods), pharmacy retail, DIY/home improvement, shopping center development and management

Legal Information

Įmonės kodas (Company registration code): Not publicly listed in the sources cited here; available via the Lithuanian Centre of Registers (Registrų centras) official extract.
PVM mokėtojo kodas (VAT code): Not publicly listed in the sources cited here; available via the Lithuanian Centre of Registers (Registrų centras) official extract.
Official website: https://www.vilniausprekyba.eu
Public email address: Not explicitly published in the sources cited here (the company typically provides contact via its website and portfolio company channels).
Registered office address: The company is registered in Vilnius, Lithuania. The precise street address and office phone number are not publicly disclosed on the corporate website or other open sources cited here; they can be obtained from the Lithuanian Centre of Registers.
Primary phone: Not publicly disclosed in sources cited here.

Note: For definitive legal details (įmonės kodas, PVM kodas, registered address, phone), consult Registrų centras (https://www.registrucentras.lt) or the latest official corporate filings.

Business Operations

UAB Vilniaus prekyba operates as a strategic investment holding company. Its main activities include:

- Owning and supervising a portfolio of retail and real estate subsidiaries.
- Setting group strategy, capital allocation, governance standards, and performance oversight.
- Supporting operational excellence, digitalization, and expansion initiatives across portfolio companies.

Main businesses (historically and currently):
- Maxima Grupė: Food and general merchandise retail chains across Lithuania, Latvia, Estonia, Poland, and Bulgaria (brands include Maxima, Stokrotka, etc.).
- Euroapotheca: Pharmacy retail across Lithuania, Latvia, Estonia, and involvement in Sweden through a joint venture (brands include Eurovaistinė in Lithuania; Euroapteek/Euroaptieka in Estonia/Latvia; participation in Kronans Apotek JV in Sweden).
- Ermitažas: DIY/home improvement retail in Lithuania.
- Akropolis Group: Development and management of large-scale shopping and entertainment centers (Akropolis/Akropole) in Lithuania and Latvia.

Business model: Holding company model with centralized governance, decentralized operations within subsidiaries, and a focus on scale, operational efficiency, and market leadership in retail and retail real estate.

Market position: Through its subsidiaries, Vilniaus prekyba’s portfolio includes leading players in food retail (Maxima is among the largest retailers in the Baltics), major pharmacy chains, and flagship shopping centers, positioning the group among the largest private business groups in the Baltics by revenue and employment.

History

- 1992–1997: Origins as a privatized Vilnius retail enterprise; expansion and consolidation of retail operations in Lithuania.
- Late 1990s–2000s: Creation of the Maxima brand and significant expansion across Lithuania; extension into Latvia and Estonia; development of Akropolis shopping centers (Vilnius and other cities).
- 2004–2010: Further Baltic expansion and professionalization of the holding structure; emergence as a dominant retail group in Lithuania.
- 2011–2016: Structural reorganization and strengthening of separate portfolio companies and governance frameworks.
- 2018: Maxima Grupė expands in Poland (acquisition and integration of Stokrotka); ongoing investments in digitalization and modernization.
- 2019: Akropolis Group opens Akropole in Riga, Latvia; portfolio continues regional scaling.
- 2022: Euroapotheca enters a joint venture with Oriola in Sweden, merging Apoteksgruppen with Kronans Apotek to create one of Sweden’s leading pharmacy retailers.
- 2023–2024: Continued portfolio optimization, store network upgrades, and property development across core markets.

Note: Specific corporate restructuring dates and transactional details are summarized from public communications of portfolio companies and may not reflect all internal reorganizations of UAB Vilniaus prekyba.

Financial Information

Revenue: UAB Vilniaus prekyba is a privately held holding company and does not routinely publish consolidated financial statements for the entire holding in open sources. However, portfolio companies report publicly. For context:
- Maxima Grupė’s annual revenues are in the multi-billion euro range (recent years around several billion euros across the Baltics, Poland, and Bulgaria).
- Euroapotheca’s revenues are substantial across the Baltics and Sweden JV participation.
- Akropolis Group and Ermitažas contribute significant retail real estate and DIY retail revenues in Lithuania/Latvia.
Aggregate portfolio revenues (subsidiary level) exceed several billion euros annually.

Funding rounds: As a mature private holding, financing typically occurs via internal cash flows, bank financing, and subsidiary-level capital arrangements rather than public venture rounds.

Ownership structure: The company is privately owned. Public sources consistently associate the group’s ultimate control with its founder and principal shareholder Nerijus Numavičius through investment vehicles. Detailed shareholding distributions are not publicly disclosed in the sources cited here.

Leadership and Management (Vadovai)

Key executives at holding level:
- Founder/Principal shareholder: Nerijus Numavičius.
- General Manager (CEO) / Board composition: Not publicly disclosed in detail on the official holding website or other open sources cited here.

Governance: UAB Vilniaus prekyba operates through a Board of Directors/Supervisory structures overseeing portfolio strategy and risk. Specific board member names and positions (pareigos) for the holding are not enumerated in the publicly available sources referenced below.

Note: Named executives and boards for portfolio companies (e.g., Maxima Grupė, Euroapotheca, Akropolis Group, Ermitažas) are publicly available on their respective websites and reports, but those roles are at subsidiary level and should not be conflated with holding-level positions.

Office Locations (Buveinių adresai)

Registered office: Vilnius, Lithuania (exact street address available via Registrų centras official extract).
Phone number (registered office): Not publicly disclosed in sources cited here.
Additional offices: As a holding entity, operations are primarily centralized in Vilnius. Portfolio companies maintain their own national headquarters and local offices in Lithuania, Latvia, Estonia, Poland, Bulgaria, and Sweden (through JV), each with separate contact details.

Market Position

Competitors (by portfolio sector):
- Food retail (Lithuania): Rimi Lietuva, Lidl Lietuva, Norfa (Rivona), Iki (UAB Palink).
- Pharmacy retail (Lithuania): BENU (Tamro/PHOENIX Group), Camelia, Gintarinė vaistinė (Eurovaistinė is part of Euroapotheca).
- DIY/home improvement: Senukai (Kesko Senukai), Depo (regional competitor), Ermitažas (portfolio company).
- Shopping centers: Major urban malls and retail parks in Lithuania/Latvia (e.g., Panorama, Ozas, Mega, and various international owners), with Akropolis/Akropole among the flagship centers.

Competitive advantages:
- Scale and leading market positions in core Baltic retail categories.
- Integrated retail and real estate capabilities enabling control over customer experience and tenant mix.
- Strong local brand equity (Maxima, Eurovaistinė, Ermitažas, Akropolis).
- Operational efficiencies, supply chain scale, and data-driven retail management across markets.

Market share: Subsidiaries such as Maxima hold leading market shares in Lithuanian grocery retail. Precise percentages vary by market/year and are published by trade associations and market research firms rather than at the holding level.

Recent Developments

- Euroapotheca’s JV with Oriola in Sweden (formation of a combined pharmacy group around Kronans Apotek) strengthened presence in the Nordics.
- Maxima Grupė continued network modernization and development in Poland (Stokrotka) and the Baltics, investing in digital tools and logistics.
- Akropolis Group pursued property upgrades and development projects in Lithuania and Latvia (including the 2019 opening of Akropole in Riga and subsequent portfolio enhancements).
- Ongoing ESG, compliance, and governance initiatives across the portfolio, following European best practices.

Contact Information

Holding company (UAB Vilniaus prekyba):
- Website: https://www.vilniausprekyba.eu
- Email: Not publicly listed in the sources cited here (use the website’s contact channels).
- Registered office address: Vilnius, Lithuania (exact street address available via Registrų centras).
- Phone: Not publicly listed in the sources cited here.

Portfolio companies (selected):
For specific inquiries (media, investor relations, careers, supplier relations), contact the relevant subsidiary via their official websites:
- Maxima Grupė: https://www.maximagrupe.eu
- Maxima LT: https://www.maxima.lt
- Euroapotheca: https://www.euroapotheca.lt (and subsidiary brand sites such as Eurovaistinė)
- Akropolis Group: https://www.akropolis.lt / https://www.akropolis.eu
- Ermitažas: https://www.ermitazas.lt

Sources and References

- Vilniaus prekyba (official website): https://www.vilniausprekyba.eu
- Maxima Grupė (official website and reports): https://www.maximagrupe.eu
- Maxima LT: https://www.maxima.lt
- Euroapotheca: https://www.euroapotheca.lt
- Akropolis Group: https://www.akropolis.lt and https://www.akropolis.eu
- Ermitažas: https://www.ermitazas.lt
- Lithuanian Centre of Registers (Registrų centras): https://www.registrucentras.lt (for official legal data such as įmonės kodas, PVM kodas, and registered address)
- Public press releases and industry reports by the above entities and Baltic business media (for historical transactions, expansions, and JV announcements).

Data availability note: As a private holding, UAB Vilniaus prekyba discloses limited legal and contact details in open sources. For authoritative legal identifiers and the exact registered office address/phone, consult Registrų centras or the company’s latest official filings.