Studenac Market, Croatia retail leaders
PE | Studenac Market
With more than 6200 employees and 1200 stores, Studenac Market became the largest retail network in Croatia.
Since 1991, Studenac Market has been constantly expanding. Today’s commercial network focuses on market consolidation, while its business model has being redefined to stand out in the proximity segment. By emphasizing a ‘value-for-time’ proposition, the business caters to the needs of time-conscious customers, offering them convenience and efficiency. The brand is being strengthened with an ethos that highlights hospitality, local connections and reliability.
Internal and external expansion
Organic development is a key pillar of Studenac’s growth strategy, with over 450 stores opened organically over the past six years, aiming to enhance market presence and accessibility to meet the growing demands of its customer base. Mergers and acquisitions are also contributing to Studenac’s growth, with ten significant acquisitions since 2018 (including one in Slovenia, in 2024) expanding its portfolio by over 700 stores, thereby enhancing market consolidation and competitive strength. Store picture: DubrovnikTimes. For more information please write here.