Unable to compete with foreign-owned supermarket chains, LLC “Skai Baltija,” which manages the “SKY” supermarket chain, filed for insolvency on Friday, March 13.
The management of LLC “Skai Baltija” notes that the company can no longer compete in the price war with large foreign-owned store chains.
Moreover, in recent years, the geopolitical situation has significantly increased the cost of operations. To ensure a…