Mercator returns to Bosnia and Herzegovina's market
Mercator will gradually take over operations in 83 stores in Bosnia and Herzegovina, which are currently run by Konzum.
Furthermore, the board of creditors of Agrokor accepted the restructuring of Konzum in Bosnia, where it will manage 156 stores in the future.
In the last period, Mercator has prepared several scenarios for the development of trade activities not only in Bosnia and Herzegovina. Mercator is currently preparing for the take-over and it has to regulate relations with suppliers, employees, regulate logistics and a number of other activities that are the basis for company's successful business operations.
"Mercator's re-entry into this market also represents a business opportunity for Slovenian suppliers whose brands in the Federation and the Republic of Srpska are recognized as high-quality," the Mercator statement read.
Agrokor took over Mercator in 2014 and set Konzum in charge of the retail operations in Bosnia and Croatia and Mercator's retail stores were leased to Konzum.
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