Norfos Mažmena UAB (Литва)

Norfos Mažmena UAB is a retail company located in Vilnius, Lithuania. Established in 1997, it is one of the fastest-growing retail companies in the country. In 2022, the company's product and service turnover reached 846,753 million EUR with VAT. Before excluding VAT, turnover increased by 15.44 percent, from 610.379 million to 704.628 million euros. Norfos Mažmena is the third largest retail chain in Lithuania based on sales results. It is part of the Norfa group, along with Rivona, a company involved in logistics, international shipping, real estate rental, and other areas. Norfos Mažmena employs over 3,350 staff and has a flexible salary and employee motivation system. The company's success is attributed to its wide range of Lithuanian products and an effective discount system. The Norfa retail chain focuses on offering products that provide good value for money. The authorized capital of Norfos Mažmena is 3.51 million EUR.