Mercator CG

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.

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...

Mercator Expands In Montenegro With Franca Marketi Acquisition

Montenegro’s Agency for the Protection of Competition (AZK) has approved the acquisition of local supermarket chain Supermarketi Franca by Mercator-C...

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...

Mercator In Takover Bid For Montenegro’s Supermarketi Franca

Slovenian retailer Mercator, through its Montenegrin unit Mercator-CG, has submitted a request to the local regulator for the approval of its planned acqui...

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...

Montenegro’s Grocery Retail Market Boosted By Increased Investment

Grocery retail sales in Montenegro grew by 3.3% in 2017, with a 1.3% inflation rate, according to preliminary figures published by the country’s stat...

Mercator Invests Over €50 Million In Montenegro

Mercator CG, owned by Croatian consortium Agrokor, has invested over €50 million in Montenegro, where it has reported good operating results. In an...

Subscribe Today

Get the app today!