Monday , September 26 2022

News about a new trading network of Panneigas Skvernelis: To be expanded to "To"


"Lithuania's retail market is attractive for foreign investors. Today, I met one of them and responded to my invitation to the biggest European retailers in September," said Prime Minister Saulius Skvernelis on Wednesday.

The entry says the company has more than 15,000. A total of 350,000 employees and a group of stores with a turnover of over 57 billion euros last year.

"I am happy that such a large-scale business group has decided to invest and expand its business in Lithuania. I have received personal assurance that the prime, transparent and uniform rules are the basis of long-term investment.

According to S. Skvernel, REWE may be a German retail network. On the Internet, the company operates in 20 countries, there is information about 15 thousand. The shops employ about 345 thousand. employees. 2017. Rewe Group's network stores amounted to 77 million. The turnover for customers was $ 57 billion. Euro.

Panega Skvernelis pagyras

Since 2008, Rewe Group is already a well-known shareholder of the well-known Lithuanian retail chain Two.

"To" spokesman Berta unaikauskait DELFI confirmed that Rewe will not open a new store with a new store and that this is not a new investment.

In a press release released later, it was revealed that Rewe Group was the largest shareholder in Palink, with 93.75%. He decided to strengthen the company's shares and investment in the "two" trade networks.

Janusz Kulik, Board Member of Rewe International AG, said: ece We believe that this step will further strengthen the position of the ğ Two da trade networks in Lithuania and will help to further improve the satisfaction of our customers and employees.

Gerald Rog, General Manager of Palink, said in a press release that the experience of the Rewe group in the retail sector is important and important for the successful "Two" activities in Lithuania.

Sektör Having one of the strongest retail chains in Europe gives us a number of advantages and at the same time keeps our business at the top level. New investments show that we are moving in the right direction and have a lot of potential, lar says Mr. Rog.

According to G. Rog, "To" positions in Lithuania in the near future is planned to be further strengthened. Over the next two years, 20 new stores will be opened across the country and about 50 of them will be rebuilt.

The second shareholder of the trading network remained "E. Leclerc Group Unilec."

Rimi Lietuva, "To" 213 million shopping malls, wanted to buy it, but the Competition Board did not allow the completion of the transaction in April when Rimi Lietuva did not fulfill all obligations. In both networks, there were no suitable buyers from 17 stores that could provide effective competition according to the Competition Council.

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