Bosnia and Herzegovina

Mercator returns to Bosnia and Herzegovina's market

IT & Logistic

Slovenian retailer Mercator announced that it will re-enter into the Bosnian market after it got the approval from the board of creditors of Agrokor, its parent company.

Posted on Sep 05 ,07:00

Mercator returns to Bosnia and Herzegovina's market

 

Mercator will gradually take over operations in 83 stores in Bosnia and Herzegovina, which are currently run by Konzum.

Furthermore, the board of creditors of Agrokor accepted the restructuring of Konzum in Bosnia, where it will manage 156 stores in the future.

In the last period, Mercator has prepared several scenarios for the development of trade activities not only in Bosnia and Herzegovina. Mercator is currently preparing for the take-over and it has to regulate relations with suppliers, employees, regulate logistics and a number of other activities that are the basis for company's successful business operations.

"Mercator's re-entry into this market also represents a business opportunity for Slovenian suppliers whose brands in the Federation and the Republic of Srpska are recognized as high-quality," the Mercator statement read.

Agrokor took over Mercator in 2014 and set Konzum in charge of the retail operations in Bosnia and Croatia and Mercator's retail stores were leased to Konzum.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

INDONESIA

Indonesia’s Lambassadors bring on the Lamb Challenge

Held at Archipelago International, the largest hotel operated in South-East Asia, the partnership...


Read more Read more
SPAIN

Consumption of meat and pork products grows by 1.5 percent in Spain

Household consumption rose from 795,700 tons in 2022 to 807,600, driven by the 4.4% increase in t...


Read more Read more
SPAIN

The Spanish Serrano Ham Consortium exported 59,850.29 tons of products in 2023

These figures demonstrate the notoriety that the Spanish Serrano Ham Consortium has today and how...


Read more Read more
Websolutions by Angular Software and SpiderClass