Standards across the Bosnia & Herzegovina food industry should rise following the injection by the European Bank for Reconstruction and Development (EBRD) of EUR25 million into the country’s leading food retailer VF Komerc.

This EUR16m loan and EUR9m equity investment will help refit existing stores and enable Komerc to acquire new stores across Bosnia & Herzegovina.

A bank memorandum said the money would strengthen the chain’s “position in the local food retail market and help it develop a more modern retail format…providing more consumers with better quality products.”

An EBRD official added the improvements would “have a demonstrative effect for other local entrepreneurs.”

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now