Mercator Serbia

Mercator Serbia
Native name
 Меркатор Србија
LLC
Industry Retail
Founded 2002 (2002) (Current form)
5 February 1993 (1993-02-05) (Founded)
Headquarters Novi Sad, Serbia
Area served
 Serbia
Key people
 Entoni Sošić (Director)
Vladan Drašković (Director)
Violeta Kovačević (Director)
Brands Mercator
Idea
Roda
Services Discount stores, hypermarket, supercenter, supermarket, superstore, other specialty
Revenue Decrease €765.98 million (2017)[1]
Negative increase -€57.84 million (2017)[1]
Total assets Decrease €540.26 million (2017)[1]
Total equity Decrease €122.19 million (2017)[1]
Owner Agrokor (100%)
Number of employees
 8,345 (2017)[1]
Website www.mercator.rs
Footnotes / references
Business ID: 06886671
Tax ID: 101670560 [2]

Mercator Serbia (Serbian: Меркатор Србија) or Mercator-S, is a Serbian supermarket chain, a part of Mercator Group, an international retail chain based in Slovenia and owned by Croatian Agrokor. As of 2016, it has 15.98% market share in Serbia.[3]

History

The company was established in 2002, when the first Mercator Center Belgrade was opened in New Belgrade.[4] The 50,000 square meter Center was completely renovated and re-opened in 2012.[5]

In October 2006, Mercator bought 76% of Rodić M&B company for 116 million euros and became the major shareholder in Roda Supermarkets. The complete ownership takeover of this company was finished in 2009.[6]

In June 2013, Croatian Agrokor Group initiated [7] and in June 2014 finished the takeover of Mercator Group,[8] and initiated the integration of their operations in Serbia under the Mercator brand,[9] including Mercator Centers, Roda Megamarkets and IDEA supermarkets. The takeover was approved by the Serbian Commission for the Protection of Competition in December 2013.[10]

In December 2017, Serbian holding company MPC Holding bought Mercator Center Belgrade from the Mercator Serbia for a sum of 46 million euros.[11]

See also

References

  1. 1 2 3 4 5 "СТО НАЈ... ПРИВРЕДНИХ ДРУШТАВА У РЕПУБЛИЦИ СРБИЈИ У 2017. ГОДИНИ" (PDF). apr.gov.rs (in Serbian). Belgrade: Agencija za privredne registre. September 2018. pp. 15, 16. Retrieved 13 September 2018.
  2. ↑ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  3. ↑ "Analiza tržišta maloprodaje 2018" (PDF). kzk.gov.rs (in Serbian). Belgrade: Komisija za zaštitu konkurencije Republike Srbije. pp. PDF. Retrieved 9 October 2018.
  4. ↑ http://www.invest-in-serbia.com/archive/2002_12/2002_12_04_1.htm
  5. ↑ http://wire.seenews.com/news/serbias-mercator-s-to-invest-12-mln-euro-in-belgrade-shopping-center-overhaul-211890
  6. ↑ http://www.b92.net/eng/news/business.php?yyyy=2006&mm=10&dd=20&nav_id=37463
  7. ↑ https://www.bloomberg.com/news/articles/2013-06-14/croatia-s-agrokor-to-pay-eu430-million-for-mercator-stake
  8. ↑ https://www.bloomberg.com/news/articles/2014-06-26/agrokor-to-buy-mercator-in-largest-takeover-in-balkans
  9. ↑ http://wire.seenews.com/news/mercator-to-run-agrokors-retail-business-in-serbia-konzum-gets-croatia-bosnia-436692
  10. ↑ http://www.ekapija.com/website/en/page/830264/Agrokor-allowed-to-take-over-Mercator-if-it-sells-21-stores-in-Serbia
  11. ↑ "Srbin kupio TC "Merkator" za 46 miliona evra". novosti.rs (in Serbian). 19 December 2017. Retrieved 7 March 2018.
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