Retail - Fortenova Group

Fortenova Group Sees Revenue Up 35% In First Half

Fortenova Group has reported 35% year-on-year growth in consolidated revenue from continuing operations in the first half of its financial year. Th...

Discounters Ramp Up The Competition In Bosnia & Herzegovina

Retailers Lidl and Mere have announced that they are seeking to break into the grocery retail market in Bosnia and Herzegovina. Both are hoping to succe...

Serbian Retail Market Worth €4.8bn, Delhaize Biggest Player

Serbia’s grocery retail market grew by 4.8% last year, finishing 2020 with a turnover of €4.8 billion. On a year-on-year basis, non-food sale...

Mercator Group Reports Profit Of €3.1m In Q1 2021

Slovenian retailer Mercator Group has reported a profit of €3.1 million, up 183.9% year-on-year, in the first quarter of its financial year. The gr...

Fortenova Group Commences Transfer Of Shares From Mercator

Croatia's Fortenova Group has commenced the process of transferring the shares of Poslovni sistem Mercator to Fortenova Group. The shares held by Sberba...

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...

Fortenova Group Completes Sale Of Kompas Group To Springwater Capital

Fortenova Group has announced that it has fulfilled all regulatory and administrative conditions to complete the sale of Kompas Group to Springwater Capita...

Croatia's Fortenova Group Plans To Divest Frozen Food Business

Croatian business conglomerate Fortenova Group has announced that it is moving to the next phase of its plan to divest its frozen food business. Th...

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Croatia's Fortenova Group Sees Retail & Wholesale, Food Sales Down In H1