Fortenova Group

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.

Fortenova Group Signs Diversity Charter

Fortenova Group has signed the Diversity Charter across all of its operations and its operating companies in Croatia and across the region.

Croatia's Konzum Introduces Payment In Cryptocurrencies

Croatia's largest food retailer, Konzum, has introduced an option of paying with cryptocurrencies in its online shops and will accept nine cryptocurrencies...

Fortenova Changes Management Structure In Bosnia And Herzegovina

Fortenova Group has announced plans to implement a new management structure for its retail companies Konzum and Mercator in Bosnia and Herzegovin...

Fortenova Group Sees Revenue Up 35% In First Half

Fortenova Group has reported 35% year-on-year growth in consolidated revenue from continuing operations in the first half of its financial year. Th...

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...

Serbian Retail Market Worth €4.8bn, Delhaize Biggest Player

Serbia’s grocery retail market grew by 4.8% last year, finishing 2020 with a turnover of €4.8 billion. On a year-on-year basis, non-food sale...

Mercator Group Reports Profit Of €3.1m In Q1 2021

Slovenian retailer Mercator Group has reported a profit of €3.1 million, up 183.9% year-on-year, in the first quarter of its financial year. The gr...