Robne kuće Beograd

Robne kuće Beograd (Serbian Cyrillic: Робне куће Београд; Anglicized: Department Stores Belgrade) is a chain of department stores across Serbia, with headquarters in Belgrade.

Robne kuće Beograd
Native name
Робне куће Београд
Typed.o.o.
IndustryReal Estate
Founded19 June 1996 (1996-06-19) (Current form)
1965 (1965) (Founded)
Headquarters
Makenzijeva 57, Belgrade
,
Serbia
Area served
Serbia
Key people
Krsta Sandić (Director)
ProductsClothing, cosmetics, housewares
Revenue €10.86 million (2019)[1]
€104.23 million (2019)[1]
Total assets €266.71 million (2019)[2]
Total equity €0 (2019)[2]
OwnerMIG Real Estate (83.11%)
Verano d.o.o. (16.89%)
Number of employees
45 (2019)
Websiterkbeograd.rs

History

Robne kuće Beograd company was founded in 1965 and soon became the largest supermarket chain in former SFR Yugoslavia, and third largest chain in Europe.[3][4]

In 1970, it opened a store in the capital city of Belgrade that has worked 24 hours a day, the first such store in SFR Yugoslavia.[5] During its golden times, it had 10,000 employees and more than 100,000 articles in stock.[4][6]

During the 1990s, Robne kuće Beograd faced huge problems in its operations, caused by breakup of SFR Yugoslavia and international sanctions on FR Yugoslavia.[4] Finally in 2002, it went into bankruptcy procedure.[4] The department stores were successfully auctioned off on 29 October 2007, to the Serbian Peugeot vehicle importer "Verano Motors" for 360 million euros.[7] Most of that money, the Government of Serbia spent for other purposes and former shareholders left deprived; the company itself continued working with limited operations, mostly leasing its properties to global brand chains.[8] One of the biggest problems with its stores in Belgrade are legal proceedings that would determine status of ownership of these properties, as many of them are allegedly nationalized during the 1940s and 1950s, and are subject to the eventual restitution.[6] As of 2008, Robne kuće Beograd managed with 34 department stores in Serbia, of which 8 were located in Belgrade.[9]

In 2008, Greek Marfin Investment Group took the majority of shares in Robne kuće Beograd from "Verano Motors".[10]

References
  1. "Bilans uspeha (2019) - Robne kuće Beograd" (PDF). apr.gov.rs (in Serbian). Retrieved 1 December 2020.
  2. "Bilans stanja (2019) - Robne kuće Beograd" (PDF). apr.gov.rs (in Serbian). Retrieved 1 December 2020.
  3. "RK BEOGRAD Istorija". rkbeograd.rs (in Serbian). Retrieved 3 October 2018.
  4. "Prva Robna kuća "Beograd"". 011info.com (in Serbian). Retrieved 3 October 2018.
  5. Nikolić, Z (31 January 2018). "Beogradske priče: "Bdenje" ispred prvog dragstora". novosti.rs (in Serbian). Retrieved 3 October 2018.
  6. Janković, M. L.; Caranović, B (22 October 2013). "Stari vlasnici koče Robne kuće". novosti.rs (in Serbian). Retrieved 3 October 2018.
  7. Tanjug (2007-10-30). "Kompanija "Verano Motors" kupila Robne kuće "Beograd" za 360 mil EUR" (in Serbian). E kapija. Retrieved 2007-10-30.
  8. Stevanović, M. N. (22 June 2018). "Gde je novac od prodaje Robnih kuća". danas.rs (in Serbian). Retrieved 3 October 2018.
  9. Škrbić, M. (14 August 2008). "„Verano" otvara robne kuće". blic.rs (in Serbian). Retrieved 1 December 2018.
  10. "„Verano" zbog para ustupio udeo RKB". glas-javnosti.rs (in Serbian). Retrieved 23 November 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.