Bosnian supermarket chain
Bingo (full name: Bingo export-import Tuzla d.o.o.) is a Bosnian supermarket chain with headquarters in Tuzla, Bosnia and Herzegovina.
History
Bingo was established in 1993 by Bosnian businessman Senad Džambić with headquarters in Tuzla.[8]
Džambić, the sixth child of a miner and an electrician by trade, had started some small-scale business in the 1980s: “Before the war, two brothers and I had some 120 beehives on a bus and could produce up to 30 tons of honey a year. In the nineties I worked in a mine, I also owned billiards, pinball machines and poker machines, since 1985 I have been doing that and a company was formed. Bingo comes from that time. Let's earn something, invest immediately".[9]
In 2010, Bingo received an EBRD loan to support energy efficiency - the first of many other loans from European development banks.[9]
In 2014, Bingo became the biggest domestic retail company in Bosnia and Herzegovina by acquiring companies Interex BiH and Tuš Trade BiH.[6] Turnover in 2014 was higher than 500 million BAM.[10]
In 2015, Bingo had 175 stores open in Bosnia and Herzegovina and more than 5,500 employees.[11] The same year, Džambić (with a revenue of 258.9 million euros) was ranked by Forbes as the second-richest man in Bosnia and Herzegovina after Izudin Ahmetlić, owner of the Hifa Group.[12]
After the collapse of Croatia's Agrokor holding, Džambić bought several of its subsidiary companies in Bosnia and Herzegovina.[9] He also bought Tuzla's Majevica snack factory.[13][12]
In 2017, Bingo became the largest supermarket chain in Bosnia and Herzegovina after the split between Konzum and Mercator in Bosnia and Herzegovina.[citation needed]
The same year, Džambić bought Tuzla's Dita factory, which had been self-managed by employees since the bankruptcy in 2014.[14]
In 2018, Džambić rescued the company Tuzlanski kiseljak d.o.o. which was owned by Pivara Tuzla.[14]
On 19 April 2024, Bingo opened its 225th store.[15]
See also
References
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