Croatia

Slovenia's Largest Retailer Mercator Ends 2022 in the Red

Slovenia's largest retailer, Mercator, reported €1.26 billion in revenue for 2022, a 2.6% increase from the previous year.

Mercator Takes Over Slovenian Retailer Engrotuš

Slovenian retail market leader Mercator has signed a contract to acquire 100% of the shares in Engrotuš, which manages around 260 Tuš stores...

Croatia Clears All Coca-Cola Products Of Safety Concerns

Croatia's state inspection office said an analysis of Coca-Cola soft drinks consumed by individuals who subsequently reported health problems has shown the...

Croatia's Studenac Partners With Family Farms In Slavonia Region

Croatian retailer Studenac has announced it is strengthening its ties with family-run farms in the country's northeastern region of Slavonia, as part of it...

Studenac Obtains EBRD Loan To Finance Future Acquisitions

The European Bank for Reconstruction and Development (EBRD) is providing a €17.75-million senior long-term loan to Croatian food retailer Studenac.

Discounter Lidl Set To Enter Four Balkan Markets

Discounter Lidl is in the process of entering the markets of Bosnia and Herzegovina, Montenegro, North Macedonia and Kosovo, following the rollout of succe...

SPAR Sees 20% Growth In Sales Of Croatian Products

The sales of Croatian products within the SPAR sales network in Austria, Italy, Hungary and Slovenia amounted to €82 million, up 20% year-on-year from...

Fortenova Group Sees 9% Revenue Growth In H1 2023

Croatian multinational food and retail company Fortenova Group generated €2.7 billion in total revenue in the first-half of 2023, registering an incre...