Mercator Serbia

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Mercator Serbia
Native name
Меркатор Србија
Typed.o.o.
IndustryRetail
Founded2002; 22 years ago (2002) (Current form)
5 February 1993; 31 years ago (1993-02-05) (Founded)
Headquarters
Temerinski put 50, Novi Sad
,
Serbia
Number of locations
321 retail stores (as of 2018)[1]
Area served
Serbia
Key people
Entoni Sošić (Director)
BrandsMercator
Idea
Roda
ServicesDiscount stores, hypermarket, supercenter, supermarket, superstore, other specialty
RevenueDecrease €711.34 million (2018)[2]
Positive decrease (€14.06 million) (2018)[2]
Total assetsDecrease €457.47 million (2018)[3]
Total equityDecrease €101.32 million (2018)[3]
OwnerMercator (100%)
Number of employees
8,124 (2018)
Websitewww.mercator.rs
Footnotes / references
Business ID: 06886671
Tax ID: 101670560 [4]

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. As of 2016, it has 15.98% market share in Serbia.[5]

History

The company was established in 2002, when the first Mercator Center Belgrade was opened in New Belgrade.[6] The 50,000 square meter Center was completely renovated and re-opened in 2012.[7]

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.[8]

In June 2013, Croatian Agrokor Group initiated [9] and in June 2014 finished the takeover of Mercator Group,[10] and initiated the integration of their operations in Serbia under the Mercator brand,[11] including Mercator Centers, Roda Megamarkets and IDEA supermarkets. The takeover was approved by the Serbian Commission for the Protection of Competition in December 2013.[12]

In December 2017, Serbian holding company MPC Holding bought Mercator Center Belgrade from the Mercator Serbia for a sum of 46 million euros.[13] As of 31 December 2018, Mercator has 321 retail stores in Serbia, of which 241 are Idea markets, 35 Idea supermarkets, 30 Roda markets, 6 Roda megamarkets and two Mercator hypermarkets.[1]

In August 2019, Mercator Group began the process of selling additional 12 supermarkets across the former Yugoslavia region to cut debts; two of the listed markets for sale are owned by Mercator Serbia.[14]

Gallery

  • Mercator Center in Novi Sad

    Mercator Center in Novi Sad

  • Mercator Center Belgrade in New Belgrade

    Mercator Center Belgrade in New Belgrade

  • Idea supermarket in New Belgrade

    Idea supermarket in New Belgrade

  • Roda Center in New Belgrade

    Roda Center in New Belgrade

  • Roda megamarket in New Belgrade

    Roda megamarket in New Belgrade

See also

References

  1. ^ a b "Mercator Group Annual Report 2018" (PDF). mercatorgroup.si. Retrieved 29 September 2019.
  2. ^ a b "Bilans uspeha (2018) - Mercator-S". apr.gov.rs (in Serbian). Retrieved 5 August 2019.
  3. ^ a b "Bilans stanja (2018) - Mercator-S". apr.gov.rs (in Serbian). Retrieved 5 August 2019.
  4. ^ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  5. ^ "Analiza tržišta maloprodaje 2018" (PDF). kzk.gov.rs (in Serbian). Belgrade: Komisija za zaštitu konkurencije Republike Srbije. pp. PDF. Retrieved 9 October 2018.
  6. ^ "Slovenian leading retailer to open store in Belgrade". Archived from the original on 2015-12-08. Retrieved 2015-12-05.
  7. ^ "Serbia's Mercator-S to Invest 12 MLN Euro in Belgrade Shopping Center Overhaul - SeeNews the corporate wire". Archived from the original on 2015-12-08. Retrieved 2015-12-05.
  8. ^ "Mercator buys 76 percent of Rodić".
  9. ^ "Croatia's Agrokor to Pay EU240 Million for Mercator Stake". Bloomberg.com. 14 June 2013.
  10. ^ "Agrokor to Buy Mercator in Largest Takeover in Balkans". Bloomberg.com. 26 June 2014.
  11. ^ "Mercator to run Agrokor's retail business in Serbia, Konzum gets Croatia, Bosnia - SeeNews the corporate wire". Archived from the original on 2015-12-08. Retrieved 2015-12-05.
  12. ^ "Agrokor allowed to take over Mercator if it sells 21 stores in Serbia".
  13. ^ "Srbin kupio TC "Merkator" za 46 miliona evra". novosti.rs (in Serbian). 19 December 2017. Retrieved 7 March 2018.
  14. ^ "Merkator prodaje 13 tržnih centara u eks-Ju zemljama". b92.net (in Serbian). Tanjug. 9 August 2019. Retrieved 9 August 2019.

External links

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