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
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]

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 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. "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. "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.
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