Retailer Mercator reports EUR 73m net loss for 2016

Ljubljana, 26 April - Slovenia's largest retailer Mercator posted a EUR 72.7m loss for 2016 that it attributes to higher investments and impairments. Revenue declined by 4.5% to EUR 2.49bn, shows the annual report released on Wednesday.

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

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