Rivona’s revenue rose by 9 per cent last year to €821 million, whilst its profit rose by 18 per cent to €29 million
The “Norfa” retail chain “Rivona”, a company specialising in wholesale trade, food production, logistics and property letting, controlled by Dainius Dundulis, earn a net profit of €29.44 million last year – 17.8 per cent more than in 2024 (€24.98 million).
The company’s revenue grew by 9 per cent last year to €820.95 million (€752.8 million), according to the report submitted to the Centre of Registers. The company will not pay dividends.
“The improved trading results were driven by increased domestic consumption,” – the company stated.
From its wholesale business, “Rivona” in 2025 (up 10.3 per cent), and €35.5 million from property lettings (up 6.4 per cent).
The company has not paid dividends over the past decade, according to its financial statements for 2016–2025. The last time dividends were paid was in 2015 – €1 million
In February this year, “Rivona” acquired the G9 shopping centre from the “Lords LB Asset Management” </p> “Rivona” used its own funds to repay the €18.344 million “Gedimino 9” to Swedbank and granted the company a one-year loan to enable it to settle a debt of €7.636 million owed to the former owner.
D. Dundulis holds 93.29 per cent and Rolandas Činčius 6.71 per cent of “Rivona” shares; they both also control “Norfos Mažmena”.
“Rivona” operates 115 shopping centres and commercial property, which it leases to “Norfos Mažmena” and other companies; the total floor area of these premises exceeds 400,000 square metres.
The company owns canning, dairy, culinary, confectionery, meat processing and production divisions in Alytus, Kėdainiai and Šilalė – with a combined warehouse area of a further 100,000 square metres.
The company exports its products, mainly foodstuffs, to Ireland, the United Kingdom, Estonia, Greece, the USA, Latvia, the Netherlands, France and Germany.
Last year, the company employed an average of 1,227 staff (compared with 1,137 the year before).
