Bosnia's Bingo To Open Five New Stores By End-2016

By Branislav Pekic
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Bosnia's Bingo To Open Five New Stores By End-2016

Bosnia and Herzegovina retailer Bingo has opened two new hypermarkets over the past two months, with plans to open five more stores between now and the end of 2016.

The two hypermarkets are located in Bosanski Petrovac (6,000 square metres) and Brčko (4,000 square metres), taking the retailer's store total to 179.

On 4 November, the retailer will open the Bingo City Center Mall in Tuzla, which boasts 40,000 square metres of retail space.

Other planned openings until the end of 2016 include Zvornik (refurbished hypermarket), Teočak (supermarket), Stup-Sarajevo (hypermarket) and Bijeljina (supermarket, formerly owned by Slovenia’s Tuš).

Tuzla-based Bingo is the third biggest company in Bosnia and Herzegovina in terms of net profit. Its main competitor is Konzum, owned by Croatian food-to-retail consortium Agrokor.

© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. To subscribe to ESM: The European Supermarket Magazine, click here.

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