IKI Lietuva, formerly known as Palink is the operator of the "IKI" supermarket chain and the "LastMile" delivery service in Lithuania.
History
Palink was founded by Belgian brothers George, Oliver and Nicolas Ortiz.[2] The first store was opened in 1992 in Vilnius, Lithuania.[3]
In 2005, Palink opened its first store in Riga, Latvia.
In 2014, Palink sold all IKI stores in Latvia (51 stores) to local company Mego, stating that Palink is not interested in investing in Latvia anymore. IKI was 5th largest supermarket chain in Latvia.[4][5]