Mercator ended 2020 deep in the red despite higher revenue

Ljubljana, 27 April - Mercator, Slovenia's largest retailer, saw revenue rose by 1.6% to EUR 2.17 billion in 2020. But it ended the year with a net loss of EUR 156.7 million, largely due to
revaluation of property and impairments to other assets.

Ljubljana A Mercator store. Photo: Daniel Novakovič/STA File photo

Ljubljana
A Mercator store.
Photo: Daniel Novakovič/STA
File photo

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