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Mercator Group Suffers EUR 44.5M Loss in 2014

Ljubljana, 21 April - The group around retailer Mercator, which was sold to Croatia's Agrokor last year, finished 2014 with a net loss of EUR 44.5m as sales revenue was down 4.1% to EUR 2.65bn. The company mostly attributes the higher loss, coming after it finished 2013 EUR 16.6m in the red, to one-off events related to the merger with Agkrokor.

Zagreb, Croatia
Retailer Mercator.
Photo: Hina/STA

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