Serbia

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...

Serbia Introduces Restrictions On Wine Imports

Serbia has introduced new measures to restrict the quantity of wine that a single importer can import. The move, effective 1 January 2021, follows last...

Discounter MERE Continues European Expansion With Serbia Openings

Russia's MERE is continuing its expansion across Europe, with the news that the discounter plans to have 15 stores operational in Serbia by the end of Apri...

Russian Discounter Svetofor To Open Stores in Serbia

Russian discount chain Svetofor will commence operations in Serbia from January, with initial plans to open 15 stores. The company, which trades in West...