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Mercator Serbia
Mercator Serbia () also known as Mercator-S, is a Serbian supermarket chain and a part of Mercator (retail), Mercator Group, an international retail chain based in Slovenia. As of 2016, it holds a 15.98% market share in Serbia. History The company was established in 2002 when the first Mercator Center Belgrade was opened in New Belgrade. The 50,000 square meter Center underwent a complete renovation and was re-opened in 2012. In October 2006, Mercator acquired 76% of Rodić M&B company for 116 million euros, becoming the major shareholder in Roda Supermarkets. The full ownership takeover of this company was completed in 2009. In June 2013, the Croatian Agrokor Group initiated the takeover of Mercator Group, which was completed in June 2014. They then began integrating their operations in Serbia under the Mercator brand, which included Mercator Centers, Roda (megamarkets), Roda Megamarkets, and Idea (supermarkets), Idea supermarkets. The takeover was approved by the Serbian Commis ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the pro ...
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New Belgrade
New Belgrade (, ) is a Subdivisions of Belgrade, municipality of the city of Belgrade. It was a Planned community, planned city and now is the central business district of Serbia and South East Europe. Construction began in 1948 in a previously uninhabited area on the left bank of the Sava river, opposite old Belgrade. In recent years, it has become the central business district of Belgrade and its fastest developing area, with many businesses moving to the new part of the city, due to more modern infrastructure and larger available space. With 209,763 inhabitants, it is the second most populous municipalities of Serbia, municipality of Serbia after Novi Sad. Geography New Belgrade is located on the left bank of the Sava River, in the easternmost part of the Srem region. Administratively, its northeastern section touches the right bank of the Danube, right before its confluence with the Sava. New Belgrade is located generally west of 'Old' Belgrade, to which it is connected by six ...
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Retail Companies Established In 2002
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ...
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Companies Based In Belgrade
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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List Of Supermarket Chains In Serbia
This is a list of supermarket chains in Serbia. *''Info has been updated, although some of it may be still incorrect.'' General chains Convenience stores Supermarkets Hypermarkets Cash & Carry Speciality store chains Clothing Kids clothing and toys Cosmetics and healthcare Home improvement and furniture Consumer electronics Sport equipment Books and media Petrol stations Fast food See also * List of shopping malls in Serbia References {{DEFAULTSORT:List Of Supermarket Chains In Serbia Supermakets Serbia , image_flag = Flag of Serbia.svg , national_motto = , image_coat = Coat of arms of Serbia.svg , national_anthem = () , image_map = , map_caption = Location of Serbia (gree ...
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Ministry Of Internal And Foreign Trade (Serbia)
The Ministry of Internal and Foreign Trade of the Republic of Serbia () is the ministry in the Government of Serbia which is in the charge of internal and foreign trade. The most recent minister was Tomislav Momirović of the Serbian Progressive Party. History The Ministry was established on 11 February 1991. From 2011 to 2012, it was merged within the Ministry of Agriculture, Trade, Forestry, and Water Economy. The Ministry was reestablished in 2012, under name ''Ministry of Internal and Foreign Trade, Telecommunications, and Information Society''. It took some of the jurisdictions of the Ministry of Culture, Information, and Informational Society, which were previously under the abolished Ministry of Telecommunications and Information Society. Sectors There are several sectors operating within the Ministry: * Sector for bilateral economic cooperation * Sector for multilateral and regional economic and trade cooperation * Sector for trade, services and competition * Secto ...
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Price Fixing
Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The intent of price fixing may be to push the price of a product as high as possible, generally leading to profits for all sellers but may also have the goal to fix, peg, discount, or stabilize prices. The defining characteristic of price fixing is any agreement regarding price, whether expressed or implied. Price fixing requires a conspiracy between sellers or buyers. The purpose is to coordinate pricing for mutual benefit of the traders. For example, manufacturers and retailers may conspire to sell at a common "retail" price; set a common minimum sales price, where sellers agree not to discount the sales price below the agreed-to minimum price; buy the product from a supplier at a specified maxi ...
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Univerexport
Univerexport (), a Serbian supermarket chain with headquarters in Novi Sad, Serbia. As of 2016, it has 3.20% market share in Serbia. , the company operates 210 stores across Serbia. Main fields of business of Univerexport company are wholesale, supermarkets, and minimarkets. Univerexport retail chain is mainly located in northern Serbia, province of Vojvodina. Univerexport was founded on 25 September 1990. In 1991, the development of giant began with the opening of the warehouse in Bajci Zilinskog Street in Novi Sad, then starting the wholesale and opening the first retail store. Allegations of price fixing On 10 October 2024, the Commission for Protection of Competition launched an investigation against Delhaize Serbia, Mercator S, Univerexport, and DIS for violating competition in the market by entering into a restrictive agreement, specifically by agreeing on identical prices for certain products. The Commission monitored price movements for 35 selected products from la ...
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Delhaize Serbia
Delhaize Serbia (full legal name: ''Delhaize Serbia d.o.o. Beograd'') or Delhaize Maxi, is a Serbian retail company owned by Ahold Delhaize, with headquarters in Belgrade. Founded in 2000, the chain has around 482 stores in Serbia. As of 2016, it has 20.60% market share in Serbia. History In Serbia, Maxi became the biggest retail company by acquiring companies C-market and Pekabeta. In March 2011, Delhaize Group (now Ahold Delhaize) bought the Maxi supermarket chain from Serbian Delta Holding for a sum of 932.5 million euros. Since 2013, Maxi and Tempo are no longer operating in Montenegro and Albania. Since 2014, Maxi and Tempo are no longer operating in Bosnia and Herzegovina. The company "Tropic Group" from Banja Luka bought the ownership of 39 retail supermarkets (Tempo, Maxi) from "Delhaize BiH". Allegations of price fixing On October 10, the Commission for Protection of Competition launched an investigation against Delhaize Serbia, Mercator S, Univerexport, and DIS for ...
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Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ...
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MPC Holding
MPC Holding ( sr-cyr, МПЦ Холдинг) is a Serbian holding company with the headquarters in Belgrade, Serbia. History MPC Holding was established on 24 November 1991 by the Serbian businessman Petar Matić. In 2002, MPC Holding bought and renovated at the time 105-meter tall Ušće Tower at New Belgrade, which was partially damaged during the NATO bombing of Yugoslavia. The skyscraper was used as the headquarters of Central Committee of the League of Communists of Yugoslavia from 1964 until 1990. In 2009, Ušće Shopping Center worth 150 million euros and spanning over 130,000 square meters was opened close to the Ušće Tower. In March 2008, MPC Holding bought Sarajevo-based Holiday Inn Hotel. In March 2016, Dutch based "Atterbury Europe" investment group acquired one-third of ownership shares of MPC Holding. In December 2017, MPC Holding bought Mercator Center Belgrade from the Mercator Serbia for a sum of 46 million euro The euro (currency symbol, symbol: e ...
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