By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: There will be no Mass Layoffs, Debt Payments to BH Suppliers in September?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > There will be no Mass Layoffs, Debt Payments to BH Suppliers in September?
BUSINESS

There will be no Mass Layoffs, Debt Payments to BH Suppliers in September?

Published: July 23, 2017
Share
SHARE

The commissioner of the Government of Croatia for Agrokor Ante Ramljak visited Sarajevo again and attended the meeting with BH suppliers. According to him, part of the loan that was approved to Agrokor will be transferred to BiH, but he could not specify the amount.

Ramljak stated that it is necessary to recapitalize Konzum from Croatia. He also announced that the separation of Konzum and Mercator will be started on August 1, and it will last until September 1, after which the debt to BH suppliers that amounts to 80 million BAM should be paid. Mercator will take over its 83 stores that were in their lease before its merger with Konzum, and Konzum will keep its 170 stores.

“The message to the public and the employees is that there will no sudden layoff of hundreds of people as it was assumed, and there is no need for that. We have a shortage of people in some stores since we do not have enough people to replenish the shelves,” said Ramljak, and added that they are working on reducing the cost of business operation of Konzum.

He could not say precisely how many stores in BiH are unprofitable, but he revealed that there is interest from domestic retail chains in taking over certain locations. Thus, Bingo will take over the objects and employees in Zenica.

We need restructuring, and it involves reducing operating costs and it does not necessarily mean the closure of our stores and layoffs. We will make everything possible to move some people who are working in our stores to some other jobs within the business operations of the group.

Adin Fakic, the Director of dairy Milkos, stated that Konzum promised to take over the claims and pay the debt to BH suppliers.

“Konzum BIH as an x customer is as important for market preservation as all other customers, especially when it comes to domestic products. The dairy industry in BiH, whose member is Milkos, is purchasing milk from about 13,000 farms on a daily basis, and anything that would lead to the closing of company x as a buyer would lead to a collapse of that branch.

(Source: nap.ba)

The President of Republika Srpska met with the Leader of Croats in BiH
Construction of 50 Million BAM worth Project to begin soon in Tuzla
What is the Process of Brdo-Brijuni and what is the Significance for BiH?
Prosecutors Office of BiH asks Two-month Extension of Custody to the suspect Darko Elez
Tonight is the Declaration of the Best Business Ideas for the Conference ‘’Women in Entrepreneurship’’
TAGGED:#BiH#debt#Konzum#meeting#mercator#suppliersAgrokorAnte Ramljak
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article What is the Amount of total Debt based on Taxes in the FBiH?
Next Article Young People from all over the World learning about each other in Gorazde
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2kFollowersLike
10.1kFollowersFollow
414FollowersFollow

Latest News

Intensifying Cooperation between the judiciary of BiH and Croatia
May 22, 2026
Former Workers of the Zenica Brown Coal Mine threaten Hunger Strike
May 22, 2026
Anniversary of the Death of Twelve Babies over Lack of Oxygen in Banja Luka
May 22, 2026
BiH FM Files a Criminal Complaint Regarding the Opening of the Border Crossing in Bosanska Gradiška
May 22, 2026
Belgium launches Investigation into ‘Sniper Safaris’ during Bosnian War
May 22, 2026
Federal Ministry of Transport – More than 21 Million BAM for road Infrastructure
May 22, 2026
Deadline for Submission of Applications for Certification of Political Parties expires Today
May 22, 2026
Travnik demonstrates a high Level of Readiness with “Lasva 26” Demonstration Exercise
May 22, 2026
EUFOR Commander Engages Students in Dialogue on Security, Stability, and BiH’s Future
May 22, 2026
Euphoria in Sarajevo: “The Dragons” at the World Cup Spark a True Panini Sticker Frenzy
May 22, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?