Buying alliance > Aibe
Aibe
Established in 1999 by small traders, Aibe is the largest alliance of trade companies in the Baltics States. Its headquarters is based in Vilnius, Lithuania.
The company unites more than 400 trading companies and manages over 1,400 stores in Lithuania and Latvia.
In addition, Aibe’s members are independent entrepreneurs who operate various stores across Lithuania and Latvia under the banner Aibe. Besides, marketing, IT solutions, financial and logistics services are provided to them as well.
In the financial year 2020, Aibe achieved a turnover of € 177 million and currently employs more than 368 people. It is noteworthy that the company increased its revenue by almost 15%.
Furthermore, the company offers a wide assortment of products in the following categories:
- Savoury grocery: biscuits, vinegars, rice, etc.
- Sweet grocery: biscuits, chocolates, coffee, etc.
- Chilled & fresh: fruits, vegetables, meat, etc.
- Frozen: ready meals, meat, ice creams, etc.
- Dairy: yoghurt, cheese, eggs, etc,
- Drinks: energy drinks, soft drinks, water, etc.
- Wine & spirits: wines, champagnes, beers, etc.
- Personal care: deodorants, shampoos, perfumes, etc.
- Household: detergents, toilet rolls, disinfectants, etc.
Brands such as Ariel, Dove, Jacobs, Coca Cola, Oreo, Lays, Kitkat and many others are endorsed by the firm.
Pertaining to its logistics solutions, the buying alliance operates its own distribution centre and has a fleet of vehicles to manage its deliveries.
Moreover, products such as fruits, vegetables, meat and fish are delivered in different temperature regimes. Aibe also promises delivery within 24-48 hours to its customers.
With regards to the community, the firm provided EUR 100,000 as financial support to Ukraine in February 2022.
In June 2018, the business entered into an agreement with Telema to promote electronic data in its retail activities.
Furthermore, in July 2020, the company announced that it is considering an e-commerce solution that would suit all its members.
Aibe was one of the first companies to install the innovative cash management system cash infinity from the company UAB Hansab.
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