North Macedonia

Greece’s Veropoulos Invests €15m In Serbian Hypermarket

Greek retail group Veropoulos has invested €15 million in its largest outlet in the Balkans, located in northern Serbian city of Novi Sad.

Russian Discounter Mere Starts Operations In Bosnia and Herzegovina

Russian discounter Mere (Svetofor) has opened its first store in Bosnia and Herzegovina, located in Eastern Sarajevo.

North Macedonia Limits Trade Margins On Basic Food Items

The government of North Macedonia has decided to limit the trade margin on basic food products to 5% in wholesale and 10% in retail for three months.

Montenegro Next Step In Lidl’s Balkan Expansion Strategy

German supermarket chain Lidl is finding much success in the Former Yugoslavia, where it is present in three countries with plans to reach three more.

Fortenova Group Divests Frozen Food Business To Nomad Foods

Fortenova Group has sold its Frozen Food Business Group (FFBG) to Nomad Foods for €615 million. FFBG consists of the business units Ledo Plus (Croa...

Lidl Continues Expansion, Enters North Macedonia

Following its entry into Slovenia, Croatia and Serbia, German discounter Lidl has unveiled its first store in North Macedonia. The company registered it...

Atlantic Grupa Sees 60% Growth In Net Profit In FY 2019

Croatia-based food producer and distributor Atlantic Grupa generated a net profit of HRK 390.4 million (€51.4 million) in 2019, up 59.8% on...

Spreads and Beverages Help Boost Atlantic Grupa’s Q1 Results

Croatia based food producer and distributor Atlantic Grupa has reported Q1 2019 sales of HRK 1.2 billion (€161.8 million), up 5.1% year-on-year. EB...

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Veropoulos Rolls Out New Store Concept In Serbia

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