October 18 (SeeNews) - Russian discount store chain Mere plans to open 50 to 80 supermarkets in several cities in Bosnia and Herzegovina, local media reported.
Mere's first supermarket in the Balkan country will open in the capital Sarajevo in January 2022, online magazine Avaz reported quoted Kemal Muratovic, director at Express Consulting, as saying on Saturday. Express Consulting is representing Mere in Bosnia, according to the media report.
Mere will operate in Bosnia through local company Eksperttorg, which was recently registered with Sarajevo court.
Mere is a chain of discount stores represented in Europe under the brand of Russian retail chain operator Svetofor, according to Mere's website. In Southeast Europe, Mere already operates in Romania and Serbia.
Mere also plans to enter the North Macedonia's market, where it intends to operate stores in 13 cities, according to local media reports published earlier this year.