Voli: latest retail news, insights and analysis | ESM Magazine

Montenegro’s Retail Leaders See Profit Surge In 2023

Montenegro's top five retail chains collectively surpassed €1 billion in revenue in 2023, while profit grew 61% year-on-year to €31.4 million.

Montenegro’s Voli Secures EBRD Funding To Decarbonise Operations

Montenegro’s largest food retailer, Voli, has secured a €4 million loan from the European Bank for Reconstruction and Development (EBRD) to impr...

Five Largest Retailers In Montenegro See Profits More Than Double

The combined total profit of the five largest retail chains in Montenegro amounted to €19.4 million in 2022, a 122% increase on the €8.7 million...

Montenegro Kicks Off ‘Stop-Inflation’ Campaign

Montenegro’s government, in cooperation with a number of retail chains, has launched the ‘Stop Inflation’ campaign, proposing lower price...

Germany’s REWE And Montenegro’s Voli Eye Slovenia’s Tuš

Two frontrunners have emerged for the purchase of Slovenian’s fourth largest grocery retailer Tuš, which was recently offered for sale.

Coronavirus Impacts Revenues of Montenegro-Based Retailers

The 2020 financial performance of the four largest grocery retailers in Montenegro have been negatively impacted by the COVID-19 pandemic, new data has sho...

Voli Denies Sale to Lidl, Plans Regional Expansion

Montenegro-based supermarket chain Voli has rejected speculation that it is to be sold to German discounter Lidl. Speaking to local daily Vijesti, a com...

Voli Leads The Way In Montenegro, Study Finds

Retailer Voli ended 2019 as the leading large-scale operator in Montenegro in terms of revenue and profit, a study has found. According to data publishe...