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[BUSINESS] · Croatia · 2 sources

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Konzum Plus remains Croatia's largest retailer as Lidl leads revenue growth

An analysis by the Croatian Agency for Market Competition (AZTN) reveals that the total revenue of 41 major mixed-goods retailers in Croatia reached 8.93 billion euros, marking a 6.2 percent increase from the previous year.

Konzum Plus maintains its position as the largest individual retailer with a market share between 20 and 30 percent, operating through 630 stores. Despite strong competition, Konzum Plus saw its revenue increase by between 20 and 30 million euros.

Lidl emerged as the leader in nominal revenue growth, being the only retailer to increase its revenue by more than 100 million euros. Other significant growth was noted by Kaufland, Plodine, Spar, and Tommy, with increases between 50 and 100 million euros. The Schwarz Group, which operates both Lidl and Kaufland, holds a combined market share of between 20 and 30 percent.

Entities

Agency for Market Competition · Konzum Plus · LIDL · Schwarz Group · Studenac