Studenac Cuts Costs and Jobs, Closes 79 Stores
5 Articles
5 Articles
THE PRESIDENT of the Studenac Management Board, Teo Vujčić, stated that the implemented changes aimed at reducing the operating costs of this trading company are bringing savings of 33 million euros annually, and with additional measures from 2027, their total annual impact is expected to be 41 million euros.
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How much they plan to save has been announced
As part of its business restructuring, the retail chain Studenac will permanently close 79 stores, reduce the number of jobs and implement measures that plan to achieve annual savings of 41 million euros from 2027. Studenac announced the closure of 79 stores, which is less than the previously mentioned 106 branches. The decision was made after numerous local governments requested […] The post Studenac embarks on major cuts: Closing 79 stores, pl…
Studenac's CEO Teo Vujčić said on Tuesday that the implemented changes aimed at reducing the trading company's operating costs are bringing savings of 33 million euros annually, and with additional measures from 2027, their total annual impact is expected to be 41 million euros.
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