Mercator

Fortenova Group Posts Double-Digit Revenue Growth In H1 2022

Croatia's Fortenova Group has reported like-for-like revenue growth of 14%, to HRK 18.8 billion (€2.5 billion), in the first half of its financial yea...

Croatia's Fortenova Posts Its First Annual Net Profit

Croatia's Fortenova Grupa reported a net profit of 523 million kuna (€69.6 million) for 2021, its first since being saved from bankruptcy in 2018, acc...

Modern Grocery Retailers Continue Expansion In Bosnia And Herzegovina

Retailing in Bosnia and Herzegovina remained affected by the political and economic situation in 2021, according to an analysis by Euromonitor Internationa...

Auchan Eyeing Acquisition Of Slovenia’s Mercator, Report Suggests

French retailer Auchan could arrive in Southeast Europe region in cooperation with Hungarian-American investment fund Indotek.

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 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...