The challenges faced by Croatian food consortium Agrokor and its retail unit Konzum have improved prospects for other players in the grocery retail sector in Bosnia and Herzegovina, a study has found.
A study by Euromonitor International indicated that Bingo has benefitted the most from its rival's difficulties, with the chain becoming the new market leader, a position it achieved at the end of 2017.
Currently, seven out of the top ten retailers in Bosnia and Herzegovina are domestically-owned, up from five out of ten a few years ago.