The Rijeka trading company Plodine has informed the Zagreb Stock Exchange that on October 2, the Commercial Court in Rijeka made a decision to change the name of the company Mercator-Plodine to Mercator-Plodine-Billa, as well as a resolution on the amendment of the articles of association, thereby incorporating the company Billa into the alliance of Mercator and Plodine.
The share capital of these companies, amounting to 2 million kuna, remains the same, and all three founders have equal shares. Each of them will continue to operate as an independent company, with a recognizable visual identity, but the goal of the Company is to further strengthen their positions in the market and achieve better procurement conditions with common suppliers, which will ultimately result in more favorable prices for end consumers, as stated in today’s announcement.
