date:May 20, 2016
announced Alvydas ustikas as its new chief executive officer, replacing the outgoing Neringa Janavi?iūt?. Previously heading the Azerbaijan food retailer Azeri Retail, ustikas takes over the new post of the Maxima chain, which operates in Lithuania, Latvia, Estonia, Poland and Bulgaria. Maxima Group currently consolidates retail companies in Lithuania, Latvia, Estonia, Bulgaria and Poland, totalling 528 stores. (esmmagazine.com)
Kenya: Suppliers of Uchumi Supermarkets agree to convert debt