User name

Don't have a user name yet?
Register here.


Mercator deep in the red but confident about future

Ljubljana, 26 April - Slovenia's largest retailer Mercator posted a EUR 72.7m loss for 2016, mostly on account of higher investments and impairments on claims to Agrokor group companies. Despite the steep loss, CEO Tomislav Čizmić remains buoyant, stressing that the company is stable and has been gaining market share, which will be crucial as the Agrokor story unfolds.

Retailer Mercator's chief executive Tomislav Čizmić speaks to the press after the company posted a net loss of almost EUR 73m for 2016.
Photo: Tamino Petelinšek/STA

Slovenia's largest grocer Mercator, part of the troubled Croatian group Agrokor.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 2.777 characters (without spaces) or 545 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

© STA, 2017