The Croatian retail chain Pevex will focus on building smaller shopping centers in the future. The President of the Management Board of Pevex, Jurica Lovrinčević says the company is no longer interested in the larger formats, but see the future in medium-size centers such as the 5,000 sqm one his company opened last October in Vukovar. Another similar center is due to open this September in Vinkovci followed by another in Slavonski Brod. Pevex’s revenues topped HRK 2bn last year, but Lovrinčević said the company would be stepping up its online business, as it was producing daily turnover of HRK 1m during the coronavirus crisis.
