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July 28, 2015 11:54 PM ET

Food and Staples Retailing

Company Overview of Poslovni sistem Mercator, d.d.

Company Overview

Poslovni sistem Mercator, d.d., through its subsidiaries, engages in the retail and wholesale of fast-moving consumer goods primarily in Slovenia, Serbia, and Montenegro. Its stores offer a range of products primarily comprising home appliances and white goods, consumer electronics, tools and accessories, construction equipment and machinery, and other home products; apparel, body care products, perfumes, and other decorative cosmetic products; and sportswear and equipment, and footwear, as well as culinary services. The company operates through fast-moving consumer goods stores, as well as hypermarkets, supermarkets, comfort stores, mini stores, and wholesale units. It also operates self-se...

Dunajska Cesta 107

Ljubljana,  1113


Founded in 1949

22,043 Employees


386 1 560 1000

Key Executives for Poslovni sistem Mercator, d.d.

President of the Management Board
Age: 42
Total Annual Compensation: $251.0K
Senior Vice President of Finance and IT and Member of Management Board
Total Annual Compensation: $210.0K
Senior Vice President of Mercator Trade Slovenia & Croatia and Member of Management Board
Total Annual Compensation: $193.0K
Compensation as of Fiscal Year 2014.

Poslovni sistem Mercator, d.d. Key Developments

Mercator Opens 5 New Stores in Three Coastal Towns

Mercator has opened five new stores in three coastal towns. The new Mercator-CG stores under the group's Roda brand are located in Budva, Sutomore and Susanj near Bar.

Mercator Reports Consolidated Earnings Results for the First Quarter of 2015; Provides Earnings Guidance for the Year 2015

Mercator reported consolidated earnings results for the first quarter of 2015. Consolidated net loss widened to EUR 44.5 million ($47.6 million) in 2014 from EUR 16.9 million a year earlier. Consolidated revenue declined 4.1% to EUR 2.6 billion in 2014. Mercator Group's result from operating activities in 2014 was positive at EUR 12.4 million compared to EUR 36 million a year earlier. Mercator expects to turn to net profit of EUR 59.6 million in 2015 on revenues of EUR 2.8 billion.

Mercator Announces Consolidated Earnings Results for the Nine Months of 2014

Mercator announced consolidated earnings results for the nine months of 2014. For the period, the company narrowed its net loss to EUR 12 million from EUR 17.6 million a year earlier. Revenue fell 3.6% on the year to some EUR 2.0 billion through September. The group's earnings before interest, taxes, depreciation and amortisation (EBITDA) decreased 2.9% to EUR 79.6 million through September.

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