VILNIUS — One of the VP Grupė’s ten owners Darius Nedzinskas has withdrawn from the group, selling his shares and relinquishing his duties.
The privately-held VP Grupė, considered by some to be oligarchs, was started by ten shareholders with humble beginnings as a kiosk operator. They are now one of the [private_supervisor]country’s most powerful business entities, owning chains such as Maxima, Eurovaistine, Akropolis and the private equity company NDX Energija.
VP Grupė Director Jolanta Bivainytė confirmed that Nedzinskas had sold all his shares and securities and that he had left the group. The reasons for his departure were not announced.
Coinciding with this, VP Grupė has also replenished the share capital one of its main companies, the pan-Baltic Maxima supermarket chain after cutting it almost to the bone earlier in the year.
In April, VP Grupė drastically reduced Maxima Group’s share capital from 3.97 billion litai (€1.15 billion) to 194.1 million litai (€56 million). The move was made to recoup investment money, the company told Baltic Reports.
Now the group has reinstated the capital and added 3.2 billion litai to the company.
It is unknown if Nedzinskas’ departure is linked to the share capital increase, as VP Grupė is keeping a tight lip on its affairs as usual. [/private_supervisor] [private_subscription 1 month]country’s most powerful business entities, owning chains such as Maxima, Eurovaistine, Akropolis and the private equity company NDX Energija.
VP Grupė Director Jolanta Bivainytė confirmed that Nedzinskas had sold all his shares and securities and that he had left the group. The reasons for his departure were not announced.
Coinciding with this, VP Grupė has also replenished the share capital one of its main companies, the pan-Baltic Maxima supermarket chain after cutting it almost to the bone earlier in the year.
In April, VP Grupė drastically reduced Maxima Group’s share capital from 3.97 billion litai (€1.15 billion) to 194.1 million litai (€56 million). The move was made to recoup investment money, the company told Baltic Reports.
Now the group has reinstated the capital and added 3.2 billion litai to the company.
It is unknown if Nedzinskas’ departure is linked to the share capital increase, as VP Grupė is keeping a tight lip on its affairs as usual. [/private_subscription 1 month] [private_subscription 4 months]country’s most powerful business entities, owning chains such as Maxima, Eurovaistine, Akropolis and the private equity company NDX Energija.
VP Grupė Director Jolanta Bivainytė confirmed that Nedzinskas had sold all his shares and securities and that he had left the group. The reasons for his departure were not announced.
Coinciding with this, VP Grupė has also replenished the share capital one of its main companies, the pan-Baltic Maxima supermarket chain after cutting it almost to the bone earlier in the year.
In April, VP Grupė drastically reduced Maxima Group’s share capital from 3.97 billion litai (€1.15 billion) to 194.1 million litai (€56 million). The move was made to recoup investment money, the company told Baltic Reports.
Now the group has reinstated the capital and added 3.2 billion litai to the company.
It is unknown if Nedzinskas’ departure is linked to the share capital increase, as VP Grupė is keeping a tight lip on its affairs as usual. [/private_subscription 4 months] [private_subscription 1 year]country’s most powerful business entities, owning chains such as Maxima, Eurovaistine, Akropolis and the private equity company NDX Energija.
VP Grupė Director Jolanta Bivainytė confirmed that Nedzinskas had sold all his shares and securities and that he had left the group. The reasons for his departure were not announced.
Coinciding with this, VP Grupė has also replenished the share capital one of its main companies, the pan-Baltic Maxima supermarket chain after cutting it almost to the bone earlier in the year.
In April, VP Grupė drastically reduced Maxima Group’s share capital from 3.97 billion litai (€1.15 billion) to 194.1 million litai (€56 million). The move was made to recoup investment money, the company told Baltic Reports.
Now the group has reinstated the capital and added 3.2 billion litai to the company.
It is unknown if Nedzinskas’ departure is linked to the share capital increase, as VP Grupė is keeping a tight lip on its affairs as usual. [/private_subscription 1 year]
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