Bingo Group, the largest domestic business group, announced its business results for 2022. The revenues of this group amount to 1.7 billion KM, which is 17% more than in 2021, while the profit at the group level was almost 125 million KM, which is a 25% increase compared to the previous year.
“We are particularly proud that much of the profit growth is based on the results of the manufacturing companies within the Bingo Group, which have recorded fantastic revenue growth of more than 80%.” Thus, in 2022, the company Dita doubled its production and achieved exports of over 5 million KM of goods to foreign markets, which is an increase of 70% compared to 2021″ – said Ljiljana Kunosić, director of Bingo Group at a press conference held today in Sarajevo.
Last year, Bingo Group invested 132 million KM, which means that more than the entire profit in the previous year was invested in further business development, which confirmed the group’s commitment to the development of the domestic economy and domestic companies. During the 30 years of its business, Bingo Group has invested over 850 million KM in Bosnia and Herzegovina, which makes this group the largest domestic investor.
“In addition to investing in the technology and equipment of production companies, and the renovation of sales facilities, we invested in improving working conditions for our employees, who are the backbone of the Bingo Group. Total allocations for employees increased by 21% at the group level, and we paid over 50 million KM in the name of indirect taxes and contributions,” said Kunosić.
The statistics are an indication that more and more customers are choosing Bingo as their place to shop and they recognize the efforts made to improve the shopping experience which provides the best value for money.
“For Bingo retail, the previous year was successful, with revenue growth of 16%, that is, from 1,350 to 1,550 million KM. 5 million more purchases were made than in the previous year, five new facilities were opened and significant funds were invested in the renovation of the existing ones,” said Edin Ibrahimović, executive director for business operations of Bingo.
In May 2023, the implementation of a new systematization will begin in Bingo retail, which includes a new increase in employee wages by 15% on average.
“Our commitment is to continuously work on improving the working conditions of employees, this 15% salary increase is a continuation of those activities. Thus, during 2020, during the very challenging time of the pandemic, we permanently increased the salaries of our employees by 20%, and holiday pay and one-time financial assistance were paid in 2021, as well as in 2022. We are proud because the salaries of our employees are the highest in the field of traditional trade in Bosnia and Herzegovina,” said Ibrahimović.
Andrijana Bukvarević, director of human resources, spoke about working conditions, from the perspective of the largest employer in Bosnia and Herzegovina.
“In the past year, more than 350 completely new jobs were created through investments in growth and development, which we successfully filled. When it comes to staff turnover, our average is below the average staff turnover in the trade industry in the region, and we are particularly proud of that,” said Bukvarević.
Several new initiatives have been announced, among which the cooperation with the Think Pink association stands out. Namely, in the current year, Bingo Group is focusing on women’s health, by organizing preventive examinations for more than 6,000 Bingo Group employees, in cooperation with the Think Pink association.
