Serbia

Mercator Group Sees Profit, Revenue Growth in Q1

Mercator Group has reported a net profit of €1.1 million in the first quarter of 2020, compared to a net loss of €3.7 million in the correspondin...

Lidl Tops Customer Satisfaction Survey In Serbia

Discounter Lidl has come out on top in a survey ranking the major grocery retail players in Serbia in terms of customer satisfaction. According to the N...

Serbian Grocery Retail Chains See 61% Growth in Sales

Large-scale retail chains in Serbia saw an average 61% increase in consumer goods sales during the third week of March compared to the same period in 2019,...

Panic Buying Makes Serbians Spend More On Grocery, Household Goods

Serbian households spent RSD 2 billion (€17 million) more on food, drink, personal care and household cleaning items in the three weeks to 15 March co...

Atlantic Grupa Sees 60% Growth In Net Profit In FY 2019

Croatia-based food producer and distributor Atlantic Grupa generated a net profit of HRK 390.4 million (€51.4 million) in 2019, up 59.8% on...

Barry Callebaut Starts Construction of Chocolate Factory In Serbia

Chocolate maker Barry Callebaut has started construction work on a production facility in the Serbian city of Novi Sad, about 90 kilometres northwest of Be...

Serbian Retail Market Grows and Consolidates in 2019

The arrival of Lidl and interest among other foreign players is driving growth and consolidation in the Serbian retail market. Leading players including...