Konzum

Croatian Retailers Race To Reduce Prices Ahead of 1 April Deadline

Croatian retailers are racing to reduce prices of food and non-food items after the government’s announcement of a reduction in VAT from 1 April.

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...

Konzum Still Leads in Croatia, But Lidl, Kaufland Gain Ground

The Croatian grocery retail sector achieved revenues of over HRK 40 billion (€5.3 billion) in 2020, which is 0.8% higher than in the previous year, ne...

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...

Rival Retailers Catching Up On Croatian Leader Konzum

Croatian market leader Konzum is facing increased competition from rival retailers, new data has shown. According to Fina data published by T-Porta...

Croatia's Fortenova Group Sees Retail & Wholesale, Food Sales Down In H1

Croatian business conglomerate Fortenova Group said that net sales revenues in its Retail & Wholesale division fell by 3.9% in the first half of th...

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...