Agrokor

Mercator Expands In Montenegro With Franca Marketi Acquisition

Montenegro’s Agency for the Protection of Competition (AZK) has approved the acquisition of local supermarket chain Supermarketi Franca by Mercator-C...

Croatia's Fortenova Says It Was Not Notified Of Sberbank's Stake Sale

Russia’s Sberbank To Sell 44% Stake In Fortenova Group

Slovenian retailer Mercator has welcomed the news that Russian bank Sberbank will sell its 44% stake in Mercator parent Fortenova.

Discounters Ramp Up The Competition In Bosnia & Herzegovina

Retailers Lidl and Mere have announced that they are seeking to break into the grocery retail market in Bosnia and Herzegovina. Both are hoping to succe...

Croatia's Fortenova Sees Revenue, Profits Decline In Full-Year 2020

Croatian food producer and retailer Fortenova Grupa, formerly known as Agrokor, has reported lower revenue and operating profit last year, citing the impac...

Croatia's Fortenova Group Sees Retail Revenue Up 3% In 2019

Croatian conglomerate Fortenova Group has reported full-year revenue of close to HRK 24 billion (€3.18 billion) for 2019, with its retail and wholesal...

Croatian Food Group Fortenova Starts Sale Of Non-Core Businesses

Croatian food group Fortenova Grupa, formerly known as Agrokor, said on Wednesday it had put four units, including two tourism agencies, up for s...

Croatia's Fortenova Hopes Bond Issue Marks Start Of New Era

Croatian food company Fortenova Grupa, formerly known as Agrokor, has issued €1.157 billion in four-year bonds to refinance a loan it took out in 2017...