Market chains Konzum, Getro and Magma-Croatia, Spanish Zara, French Cora soon in Serbia, Bila still tests market

Source: Glas javnosti Friday, 25.02.2005. 15:00
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Croatian trade company "Konzum", which operates as part of "Agrokor" whose owner is businessman Ivica Todorić, expands to Serbian market. "Agrokor", which bought Serbian "Frikom" in 2003, has already bought building lot and it plans to have the construction of megamarket started in Novi Beograde in Block 70, in the vicinity of "Mercedes". "Agrokor" plans to expand all over Serbia, and, as Srećković said, that Croatian company had already bought domestic trade company "Idea".

Spanish trade company "Zara" is also interested in Serbian market. This company trades in footwear and clothing. French "Cora" also announced definitive arrival to Serbia.

"Bila" still test profitability of expansion to Serbian market. Croatian "Magma" opened 3 trade centers, 2 in Belgrade and 1 in Novi Sad. Investments in SCG were announced by Croatian "Getro", which plans to invest €50m. www.konzum.hr , www.cora.fr , www.inditex.com, www.getro.hr, www.magma.hr,

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