Serbia

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...

Barry Callebaut Signs Outsourcing Agreement With Atlantic Stark

Chocolate and cocoa products maker Barry Callebaut has entered into a long-term outsourcing agreement with Atlantic Stark – a Serbian manufacturer of...

Mercator Group Reports Revenue Of €2.17bn In FY 2020

Slovenian retailer Mercator Group has reported overall revenue growth of 1.6%, to €2.17 billion, in its 2020 financial year, while retail re...

Fortenova Group Divests Frozen Food Business To Nomad Foods

Fortenova Group has sold its Frozen Food Business Group (FFBG) to Nomad Foods for €615 million. FFBG consists of the business units Ledo Plus (Croa...

Svetofor Rolls Out New Store Format In Serbia

Russian hard discounter Svetofor has rolled out its second store format in Serbia in Subotica and Kruševac. Previously, Svetofor opened two store...

Serbian Competition Authorities Clear Mercator’s Transfer To Fortenova Group

Fortenova Group has announced that the Serbian commission for protection of competition has approved the intention of the group to acquire control over the...

Lidl Continues Expansion, Enters North Macedonia

Following its entry into Slovenia, Croatia and Serbia, German discounter Lidl has unveiled its first store in North Macedonia. The company registered it...