Croatian retailer Studenac plans an IPO to raise €80 million for growth and expansion efforts.

Croatian food retailer Studenac is set to launch an initial public offering (IPO) on the Warsaw and Zagreb stock exchanges, aiming to raise approximately €80 million through new shares. The funds will support business growth, acquisitions, and debt reduction. CEO Michal Senczuk believes the IPO will boost the company’s profile and credibility, facilitating continued expansion in Croatia and Slovenia, with a goal of reaching 3,400 stores by 2028.

November 07, 2024
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