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Mercator Signs Deal for Banja Luka Centre

Date: 08/27/2008
Category: Latest news

Banja Luka, 27 August (STA) - Slovenia's top grocer, Mercator, signed on Wednesday a deal on the property for a shopping centre in Banja Luka, in an investment worth EUR 42m.

Mercator chairman Ziga Debeljak signed the deal with the general manager of the Krajina construction company Borko Dzuric in the presence of Milorad Dodik, the premier of the Republic of Srpska, the Serb entity in Bosnia-Herzegovina. The centre in Bosnia's second-largest city, which will be Mercator's eighth in Bosnia, will stretch across 13,000 sq. metres and employ 300 people. Debeljak told a press conference on the occasion that the construction of the new centre is part of Mercator's drive on foreign markets and a step towards achieving its goal of becoming the leading retailer in SE Europe. The chairman of Mercator had told a press conference in Ljubljana on Tuesday that the group's sales had soared by 40% on foreign markets.

JAPTI - Public Agency of the Republic of Slovenia for Entrepreneurship and Foreign Investments disclamer