Mercator Serbia

Mercator Serbia
Industry Retail
Founded 2002
Headquarters Novi Sad, Serbia
Area served
 Serbia
Brands Mercator, IDEA, Roda
Owner Agrokor
Website www.mercator.rs

Mercator Serbia (legal name Mercator-S d.o.o.) is part of Mercator Group, an international retail chain based in Slovenia.

The company was established in 2002, when the first Mercator Center was opened in Belgrade.[1] The 50,000 square meter Center was completely renovated and re-opened in 2012.[2]

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.[3]

In June 2013 Agrokor Group initiated [4] and in June 2014 finished the takeover of Mercator Group,[5] and initiated the integration of their operations in Serbia under the Mercator brand,[6] including Mercator Centers, Roda Megamarkets and IDEA supermarkets. The takeover was approved by the Serbian Commission for the Protection of Competition in December 2013.[7]

External links

References

  1. ↑ http://www.invest-in-serbia.com/archive/2002_12/2002_12_04_1.htm
  2. ↑ http://wire.seenews.com/news/serbias-mercator-s-to-invest-12-mln-euro-in-belgrade-shopping-center-overhaul-211890
  3. ↑ http://www.b92.net/eng/news/business.php?yyyy=2006&mm=10&dd=20&nav_id=37463
  4. ↑ http://www.bloomberg.com/news/articles/2013-06-14/croatia-s-agrokor-to-pay-eu430-million-for-mercator-stake
  5. ↑ http://www.bloomberg.com/news/articles/2014-06-26/agrokor-to-buy-mercator-in-largest-takeover-in-balkans
  6. ↑ http://wire.seenews.com/news/mercator-to-run-agrokors-retail-business-in-serbia-konzum-gets-croatia-bosnia-436692
  7. ↑ http://www.ekapija.com/website/en/page/830264/Agrokor-allowed-to-take-over-Mercator-if-it-sells-21-stores-in-Serbia
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