Prisma, part of the Finnish retailer S Group, is opening another supermarket in Vilnius.
Store number four to open in 2014
The new supermarket will open in the first half of 2014 and at the cost of LTL 40m is the first non-leased property in Lithuania. The supermarket will be located in a 10,000sqm shopping centre.
International expansion contributing to strong growth
Having had a strong year in 2012, with grocery sales outside of its domestic market growing 35.4%, S Group is building on this momentum by continuing to expand outside of Finland. This latest announcement is indicative of this trend.