Bingo (supermarket)

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 others 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 .^[12]

After the collapse of Croatia's Agrokor holding, Džambić bought several of its subsidiary companies in Bosnia and Herzegovina.^[9] He also bough 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 Tusla's factory, which had been self-managed by employees since the bankruptcy in 2014.^[14]

In 2018, Džambić rescued the company d.o.o. which was owned by Pivara Tuzla.^[14]

On 9 October 2020, Bingo opened its 215th store.^[15]

See also[]

• List of companies of Bosnia and Herzegovina

References[]

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