Mercator Serbia

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]

Mercator Serbia
Native name
Меркатор Србија
Typed.o.o.
IndustryRetail
Founded2002 (2002) (Current form)
5 February 1993 (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
Revenue €711.34 million (2018)[2]
(€14.06 million) (2018)[2]
Total assets €457.47 million (2018)[3]
Total equity €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]

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]

  • Mercator Center in Novi Sad
  • Mercator Center Belgrade in New Belgrade
  • Idea supermarket in New Belgrade
  • Roda Center in New Belgrade
  • Roda megamarket in New Belgrade

See also

References
  1. "Mercator Group Annual Report 2018" (PDF). mercatorgroup.si. Retrieved 29 September 2019.
  2. "Bilans uspeha (2018) - Mercator-S". apr.gov.rs (in Serbian). Retrieved 5 August 2019.
  3. "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. "Archived copy". Archived from the original on 2015-12-08. Retrieved 2015-12-05.CS1 maint: archived copy as title (link)
  7. http://wire.seenews.com/news/serbias-mercator-s-to-invest-12-mln-euro-in-belgrade-shopping-center-overhaul-211890
  8. http://www.b92.net/eng/news/business.php?yyyy=2006&mm=10&dd=20&nav_id=37463
  9. https://www.bloomberg.com/news/articles/2013-06-14/croatia-s-agrokor-to-pay-eu430-million-for-mercator-stake
  10. https://www.bloomberg.com/news/articles/2014-06-26/agrokor-to-buy-mercator-in-largest-takeover-in-balkans
  11. http://wire.seenews.com/news/mercator-to-run-agrokors-retail-business-in-serbia-konzum-gets-croatia-bosnia-436692
  12. http://www.ekapija.com/website/en/page/830264/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.
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