12 January 2019 - Over the Christmas and New Year period, the people of Montenegro were doing their festive shopping in supermarkets, including giants, such as Voli Trade, making crowds as the most significant contributor to the ‘festive burnout’ – and thus contributed to a profit of dozens of millions EUR, according to Pobjeda daily.
Voli Trade company said they have been satisfied with generated profit over the holidays and emphasized it is the result of the company’s heavy work.
“This year our company earned 11 million EUR in revenues over the Christmas and New Year period,” the representatives of “Voli” said.
They also stressed generated revenues are 10% higher compared to the last year’s situation.
Voli Trade recently also bought two parcels of the former factory "Radoje Dakić" for 5.65 million EUR, where they plan to build the most modern hypermarket in this part of Europe, according to “Dnevne novine.” Voli said that the bankruptcy administration of the factory confirmed the purchase of 19,960 square meters.
At the opening of bids at the Commercial Court at the end of December last year, Mladen Markovic, the bankruptcy administrator of "Radoje Dakic", said that Voli trade was the only interested bidder in the fourth tender, at which the remaining assets of the company were sold at an initial price of almost 45 million euros. The property was first offered for 66.5 million euros, the second time for 60 million and the third for 49 million euros.
Source: Cafe del Montenegro
