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Stokomak plans expansion into Serbian market by 2025

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Stokomak, one of North Macedonia’s leading retail chains, is set to enter and expand into the Serbian market.

Zoran Mladenović, the Executive Director of Stokomak, shared insights with Retail Serbia: “We aim to begin operations in our markets during the first quarter of 2025. Our business philosophy prioritizes customer satisfaction, which drives our strategy for market development in Serbia. We focus on micro-locations that are accessible to a wide range of potential consumers. Following a comprehensive market analysis, we believe our business model can offer significant value to our target audience, providing top quality at the lowest prices, along with a quick and efficient shopping experience.”

Mladenović also mentioned that negotiations are underway for several potential locations for their retail outlets. “We are currently reviewing documentation and hope to announce soon the cities where our first markets will open,” he added.

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Stokomak currently operates 73 modern discount stores across North Macedonia.

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