Serbia

Mercator Group Posts Net Profit Of €1.6m In FY 2018

Slovenia’s Mercator Group has posted a net profit of €1.6 million in its financial year 2018, after reporting a loss of €184.4 million a ye...

Veropoulos Rolls Out New Store Concept In Serbia

Greek retail group Veropoulos is rolling out a new store concept for its Super Vero hypermarkets in Serbia. Following the re-opening of two stores last...

Lidl Continues To Expand In Serbia

Discounter Lidl continues to expands its presence in Serbia, following its arrival in the Balkan country just six months ago. The group’s sixth st...

Foreign Players Hold Nearly 50% Of Serbian Retail Market

Foreign companies account for close to half of the retail revenue generated in Serbia, a new study has found. Serbian Chamber of Commerce (PKS) represen...

Serbian Government Supports Merger Of Mercator And Agrokor

The Serbian government has expressed its support over the planned merger of Slovenian retailer Mercator and its parent Agrokor. Speaking at a meeting of...

Bottler Coca-Cola HBC Buys Serbian Confectionary Firm Bambi

Soft drink bottler Coca-Cola HBC said on Monday it would buy Serbian biscuit and confectionary maker Bambi for an enterprise value of €260 million ($2...

Serbia Takes Steps To Halt 'Added Sugar' In Beverages

Serbia has imposed new rules on domestic fruit juice producers, effectively banning the use of added sugar from products. A new regulation on fruit juic...

Serbian Retail Sector 'Set For Major Changes'

The recent arrival of Lidl in Serbia represents the start of a process of modernisation of the local retail sector through M&A operations and new i...