Maxima Latvija: With the decision of the court, the monopoly "Rimi" is reduced

Representatives of Maxima Latvija at the LETA agency informed that "with the court ruling, the monopoly" Rimi "is reduced in the segment of multifunctional centers, because now the stores" Rimi "are located in seven of the 10 largest shopping centers in Riga. Shopping Centers – Domina Shopping and Riga Plaza.

According to Andra Vilcmeier, head of Maxima Latvija, the court's judgment makes sense, since there is no reason to doubt the fairness of the PC's decision. The "Rimi" stores are located in most shopping centers of Riga, while "Maxima" is only found in two shopping centers, "Vilcmeiers said, will no longer be able to comment. on this issue, Rimi Latvia will decide the disclosure of the decision filed by the representative of the company.

When evaluating the merger report by which Maxima Latvija of SIA EfTEN Domina acquires rental rights in the shopping center Domina Shopping ", the KP allowed the Maxima store to open in the center last year.

KP has previously refused to open the supermarket "Rimi" at the shopping center "Domina Shopping". "Rimi Latvia" wanted to open a supermarket on the site where the Prisma supermarket was previously located, which was closed last May

. "Rimi Latvia" has promised to appeal "Rimi Latvia". it delays the development of Rimi and strengthens Maxima's position in the market.

The Regional Administrative Court put an end to the procedure in mid-June of the application of the SIA "Rimi Latvia" for a decision of the KP, whereby SIA "Maxima Latvija" acquired the right to # 39; use the shopping center "Riga Plaza" for the creation of a store Maxima

Rimi Latvia asks a decision of the KP authorizing the merger Maxima to acquire the right to premises in the center of fashion and entertainment Riga Plaza, submitted on October 13th. On June 14, 2009, the court announced CP's decision regarding the location of the "Maxima Latvija" store in the "Riga Plaza" premises.

Elīna Kalniņa, representative of the Regional Administrative Court, explained that the proceedings were closed in accordance with the provisions of the Administrative Procedure Act. Kalmina explained that the decision of the PC does not directly and individually prejudice the interests of Rimi Latvia, since the decision of the PC does not depend directly on the participation of Rimi Latvia in the decision,

The decision of the administrative court District may be appealed to the Department of Administrative Affairs of the Supreme Court within 14 days of the decision.

KP authorized the retail company SIA Maxima Latvija to acquire rights. use SIA "LSREF3 Riga Plaza" p an appropriate sales area in the shopping center "Riga Plaza".

Maxima Latvia signed a lease agreement with Riga Plaza last September to open a warehouse for the supermarket "Maxima XXX" in order to open its doors. The "Prisma" store in the center of Riga Plaza was previously located in the center of Riga, but the group decided to put an end to Prisma's activities in Latvia and Lithuania, closing all stores in both countries in June. last year. which is 4.2% higher than in 2016, but its profit has risen 1.9 times to reach 23.224 million euros.

Maxima Latvia was registered on November 29, 2000. The registered capital of the company is 4.91 million euros. Maxima Latvija is wholly owned by the Dutch company Lincoln Land Erste BV The company's network of stores consists of four formats: 155 outlets – four Maxima XXX, 24 Maxima XX, 126 Maxima X and one Maxima Express store [19659005] The turnover Rimi Latvia last year was 870.429 million euros is 4.8% more than in 2016, but its profit has increased by 27.3 % to 40,847 million euros.

Rimi Latvia was founded in 1992 and has a fixed capital of five million euros. The sole owner of the company is Rimi Baltic, owned by the Swedish group ICA Group