Leading market chain in Montenegrin market - Mercator, Pantomarket and Plus Commerce as strategic partners

Mercator has signed the Agreement on strategic merger with market chains Pantomarket and Plus Commerce.

- After the strategic merger, Mercator, which is present in the market of Montenegro since 2007, will be operating through 90 retail facilities at total surface of 40,000 square meters and it will have total of 1,700 workers. With the estimated market share of about 20%, Mercator has become the leading market chain in Montenegro. The value of the investment is about 30 million euros - Mercator announced.

- Mercator is the leading trader in Slovenia, the second largest in Serbia and Croatia, the third largest in Bosnia and Herzegovina, and it also opened the first facilities in Albania and Bulgaria in 2009.

- Mercator Group operates with several formats and brands in the markets of southeast Europe. In addition to Mercator Mex, Roda brand will also be introduced soon in Montenegro - said Stanka Čurović, the Assistant Chairman of the Management of Mercator Group.