Home / Media and Publications / Mercator Group: Sales Revenue Last Year 2.7 Billion Euros

Mercator Group: Sales Revenue Last Year 2.7 Billion Euros

Mercator Group achieved net sales revenue of 2.7 billion euros in 2008, which is an increase of 10.8 percent compared to the previous year and 3.1 percent higher than planned, as announced by the retail chain.

The share of net sales revenue outside Slovenia, which has been growing year by year, accounted for 34 percent in 2008. For 2009, Mercator plans to increase net sales revenue to 2.8 billion euros, with nearly one billion euros coming from foreign markets.

Mercator Group operates in six markets – Slovenia, Croatia, Serbia, Bosnia and Herzegovina, Montenegro, and Bulgaria. Last year’s investments by Mercator Group amounted to 313 million euros, of which about 300 million euros was invested in fixed assets, and the remaining amount in long-term financial investments.

In Croatia, shopping centers were opened last year in Križevci, Labin, and Koprivnica, supermarkets in Poreč, Umag, Pula, and Buzet, and some retail units were renovated. This year, plans in Croatia include the opening of a Mercator center in Varaždin, a hypermarket and Intersport in Zaprešić, the expansion of the hypermarket in Mercator center Zagreb, and the opening of a center for technology, construction materials, and furniture in Samobor. (Hina)