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Čia Market

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Čia Market, UAB
Native name
Čia Market
IndustryRetail
Founded1996 (1996)
Headquarters,
Area served
Lithuania
Key people
CEO Aurelijus Vaitiekus
RevenueIncrease48.321 million[1]
Decrease- €0.420 million
Decrease- €0.414 million
Total assetsIncrease €4.553 million
Total equityDecrease - €0.482 million
Number of employees
561 (2022)
Websitewww.ciamarket.lt
Čia Market shop in Druskininkai
Čia Market from side

Čia Market is a supermarket chain in Lithuania. In 2022, it was 10th largest chain of retail stores in Lithuania.

In 2018, company had around €0.9 million in financial loses while having around €54 million in turnover.[2][3]

In 2019, the employees of the Čia Market shop in Panevėžys could not stand any longer and complained to the food quality inspectors about the possible large-scale cheating of customers. Some of the products were expired for 2 years.[4]

In 2020, due to financial losses the company closed 24 shops.[5]

In 2022 company expected to reach €48 million in revenue.[6]

History

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UAB "Čia Market" is a company from Samogitia region. At first it was named "Žemaitijos prekyba" and it only was selling dairy products. In 2011 the company changed its name to "Čia Market".[7]

See also

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References

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  1. ^ "Čia Market turnover for the year". www.rekvizitai.vz.lt.
  2. ^ ""Čia Market" 2018 m. dirbo nuostolingai, bet 2019 m. planuoja pelną", www.vz.lt
  3. ^ ""Čia Market" šiemet planuoja pasiekti 53,6 mln. eurų apyvartą", www.15min.lt
  4. ^ "Tikrintojams parduotuvę įdavė patys darbuotojai: prabilo apie galimą pirkėjų apgaudinėjimą stambiu mastu", www.delfi.lt
  5. ^ ""Čia Market" nuostolį sumažino 93%, atsisakė 24 parduotuvių", www.vz.lt
  6. ^ ""Čia Market" 2022 m. pajamas tikisi padidinti 8%", www.vz.lt
  7. ^ "Apie mus", www.ciamarket.lt