UAB Palink is a Lithuanian retail company that was founded in 1991 by three Belgian brothers, George, Oliver and Nicolas Ortiz. Today, it is one of the largest employers in the country and has over 230 supermarkets in 67 cities under the brand iki — the second largest retail chain in Lithuania.
The REWE Group has been the largest shareholder in iki since 2008. Along with fresh products, iki supermarkets offer their customers a wide variety of products at bakery, fish and delicatessen counters. Additionally, the supermarkets offer non-food items tailored to meet customers’ needs.
iki has also shown itself to be innovative by becoming the first retailer in Lithuania to implement self-service checkouts. As an additional option to conventional checkouts, self-service checkouts make it possible to pay quickly even during busy periods.