Ivica Todoric, President of The Agrokor Group, has announced plans to launch a new online shopping platform in a bid to boost the company\u2019s annual revenues to 20 billion EUR in the coming years.
\nTodoric emphasized the value of an e-commerce business, stating that the new project could become the most profitable part of Agrokor. The Group is currently positioned as the largest business conglomerate in South East Europe (SEE) with annual revenues of 8 billion EUR.
\nIn an interview for the Slovenian media portal Finance, Todoric also discussed the acquisition of Mercator, which took six years to be completed. He explained the recent business moves, which included the supermarket chain Konzum taking over Mercator\u2019s stores in Croatia and Bosnia and Herzegovina. According to Todoric, Mercator had to terminate operations in those markets to focus on achieving higher growth in Serbia.
\nCroatia\u2019s wealthiest man underscored the importance of Mercator for the Slovenian economy, announcing plans to foster its development on the local market. He expressed conviction that Agrokor\u2019s main supermarket chains, Konzum and Mercator, can successfully compete with large international retailers such as Lidl and Hofer. \u201cWe have an advantage of understanding the local markets better. Over the past 20 years, we have increased our market shares in many SEE countries,\u201d stated Todoric.<\/p>\n
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Source: retailsee.com<\/p>\n","protected":false},"excerpt":{"rendered":"
Ivica Todoric, President of The Agrokor Group, has announced plans to launch a new online shopping platform in a bid to boost the company\u2019s annual revenues to 20 billion EUR in the coming years. Todoric emphasized the value of an e-commerce business, stating that the new project could become the most profitable part of Agrokor. […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,1],"tags":[],"class_list":["post-1088","post","type-post","status-publish","format-standard","hentry","category-see-news","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PjAq-hy","_links":{"self":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/comments?post=1088"}],"version-history":[{"count":0,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/1088\/revisions"}],"wp:attachment":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/media?parent=1088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/categories?post=1088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/tags?post=1088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}