C-market
C-market was a Serbian supermarket chain that became part of Maxi after its sale to Delta Holding.
Last updated August 25, 2026
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Overview
C-market was a Serbian supermarket chain and a major early participant in the development of modern grocery retail in Serbia. Its first supermarket opened in Belgrade in 1958, when the country was part of Yugoslavia. The chain operated under state ownership during the Yugoslav period and later remained state-owned in Serbia and Montenegro. C-market became one of the most significant retail networks in Serbia and was described as the country’s largest retail chain at its peak. Its operations were centered on supermarket retail, serving consumers through a network of stores in Serbia. The business represented the transition from traditional state-organized food distribution toward a more recognizable supermarket format. The chain was eventually sold to Delta Holding. Following the transaction, C-market ceased to operate as an independent consumer-facing brand. Its stores were rebranded under Delta Holding’s Maxi and Mini Maxi formats. As a result, C-market is now a historical Serbian retail brand rather than an active standalone chain. The available reference material does not identify the exact sale year, transaction value, detailed store count, management roster, or a surviving corporate website.
History
C-market’s history is tied to the emergence of supermarket retail in Serbia and the broader restructuring of commerce in the former Yugoslavia. The first C-market supermarket opened in Belgrade in 1958. At that time, Serbia was one of the constituent republics of Yugoslavia, and retail activity was organized within a predominantly state-owned economic system. The chain operated as a state-owned retailer during the Yugoslav period. Its supermarket model provided consumers with a centralized venue for purchasing food and other everyday household necessities. Over time, C-market developed into a broad retail network and became one of the most prominent supermarket operators in Serbia. Reference material identifies it as the largest retail chain in Serbia at one point in its history, although the available information does not provide a dated market-share measurement or a precise store count. C-market remained state-owned through the later political and institutional period associated with Serbia and Montenegro. Its history therefore spans several different state frameworks: socialist Yugoslavia, the post-Yugoslav state of Serbia and Montenegro, and the later Serbian market economy. The available sources do not provide a complete account of privatization procedures, corporate restructuring, or the chain’s legal entities during each period. The decisive change came when C-market was sold to Delta Holding. After the sale, the C-market stores were not maintained as a separate branded network. Instead, they were rebranded as Maxi or Mini Maxi stores. This integrated the former chain into Delta Holding’s supermarket portfolio and made C-market a predecessor retail identity within the Maxi business rather than an active brand. Because the available reference material is brief, several aspects of C-market’s history remain undocumented here, including the precise founding entity, the date and terms of the sale, the identities of senior executives, the number and geographic distribution of stores, and the chain’s detailed product and financial performance. What is clear is that C-market played an important pioneering role in Serbian supermarket retail, operated for many years under state ownership, reached a leading position in the national market, and ultimately disappeared as an independent name after its stores were absorbed into the Maxi and Mini Maxi formats.
- 1958
First C-market supermarket opens in Belgrade
[1]C-market opened its first supermarket in Belgrade, establishing one of the earliest supermarket operations in Serbia.
C-market becomes a leading Serbian retail chain
[1]During its operating history, C-market became one of Serbia’s largest retail chains and was described as the country’s biggest retailer at one point.
Sale to Delta Holding and brand conversion
[1]C-market was sold to Delta Holding, after which its stores were rebranded as Maxi or Mini Maxi.
Products and positioning
A mass-market supermarket chain serving everyday grocery and household needs in Serbia, with historical importance as one of the country’s earliest large-scale supermarket operators.
Supermarket retail · 1958
C-market supermarkets
The core C-market format consisted of supermarkets selling groceries and other everyday consumer goods. The stores served general household shopping needs and formed the principal retail network through which the brand operated in Serbia.
Convenience and neighborhood grocery retail
C-market neighborhood stores
C-market also operated smaller neighborhood-oriented locations within its broader store network. These outlets focused on convenient access to routine food and household purchases. The available source does not specify their formal historical format name or store count.
Brand decisions
- Sale of C-market to Delta HoldingM&A
Background
C-market was a major state-owned Serbian retail chain before being sold to Delta Holding.
Action taken
Delta Holding acquired the chain and subsequently changed the branding of its stores to Maxi or Mini Maxi.
Aftermath
C-market ceased to exist as an independent consumer brand, while its former stores continued operating within Delta Holding’s Maxi retail network.
Sources1 sources
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