Voli
Voli is a Montenegrin supermarket retailer and food-distribution company headquartered in Podgorica.
Last updated August 31, 2026
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Overview
Voli, legally identified as Voli Trade DOO, is a Montenegrin retail and distribution company whose principal activity is the operation of supermarkets. The business was established in 1995 and began with a single supermarket in Podgorica's Blok 5 neighborhood. It subsequently developed a nationwide retail network serving Montenegro through several store formats, ranging from convenience-oriented outlets to larger supermarkets and hypermarkets. The company became one of Montenegro's most prominent grocery retailers during the country's post-socialist retail transformation. By 2012, it was reported to hold approximately 25% of Montenegro's food-retail market. Its network was described as comprising about 60 outlets across the country, including a company-owned shopping mall in which a VOLI hypermarket served as the anchor tenant. This format allowed Voli to combine everyday grocery shopping with broader consumer retail and commercial activity. In addition to selling food and household goods through its own stores, Voli has operated as an official Montenegrin distributor for a number of regional food brands, including Carnex, Vital, and Vindija. This distribution role gives the company a position in both retail and wholesale supply, connecting imported or regionally produced packaged-food brands with the Montenegrin market. Voli has also diversified beyond grocery retail. In 2011, it became an authorized dealer in Montenegro for BMW and Mini, extending its commercial activities into automotive distribution. The same year, the company became general sponsor of KK Budućnost Podgorica, one of Montenegro's leading basketball clubs. The club subsequently adopted the name KK Budućnost VOLI, linking the retailer's identity with a major national sporting institution. Voli chief executive Dragan Bokan also became the club's president. The company is a significant domestic employer. The referenced description reports a workforce of more than 2,300 people, making Voli the second-largest employer in Montenegro. Its importance therefore extends beyond supermarket operations to employment, food distribution, commercial real estate, automotive retail, brand sponsorship, and the country's broader consumer economy. Publicly available reference material establishes Voli's origins, retail footprint, market position, distribution activities, BMW and Mini dealership, and sports sponsorship, but does not provide sufficient verified information for a fuller account of ownership, financial performance, current store count, or present executive structure.
History
Voli Trade DOO was founded in 1995 in Podgorica, Montenegro. Its first operation was a single supermarket in the Blok 5 neighborhood of the capital. From that starting point, the company expanded its store network throughout Montenegro and developed into a major participant in the country's food-retail sector. The company's growth followed a multi-format retail model. Rather than limiting itself to one type of supermarket, Voli operated outlets ranging from convenience stores to larger supermarkets and hypermarkets. Its retail estate also included a company-owned shopping mall, with a VOLI hypermarket functioning as the mall's anchor tenant. This combination of grocery retail and property-based commercial activity broadened the company's consumer reach and created locations designed for both routine shopping and larger household purchases. By 2012, Voli was reported to account for about one-quarter of Montenegro's food-retail market. The same reference material describes a network of approximately 60 outlets across the country. The business also became an important employer, with more than 2,300 employees and a reported position as Montenegro's second-largest employer. Voli's activities extend beyond the operation of its own stores. The company has served as an official distributor in Montenegro for regional food brands including Carnex, Vital, and Vindija. This distribution function places it between suppliers and the domestic retail market, while its own stores provide a direct route to consumers. The combination of retail and distribution has made Voli a significant channel for food and household products in Montenegro. In 2011, the company entered an adjacent sector by becoming an authorized dealer for BMW and Mini in Montenegro. The move represented a diversification from grocery retail into automotive sales and dealership operations. That same year, Voli increased its visibility through sports sponsorship when it became general sponsor of KK Budućnost Podgorica. The club was renamed KK Budućnost VOLI, and Dragan Bokan, identified in the source as Voli's chief executive, became the club's president. The available reference material presents Voli as an active, nationally significant Montenegrin retailer with interests in supermarkets, hypermarkets, distribution, commercial property, automotive dealerships, and sports sponsorship. It does not establish a verified founder, detailed ownership history, audited financial record, complete executive chronology, or current outlet count. Those areas require further primary or current company sources.
- 2012
Reported leading food-retail position
[1]Voli was reported to hold approximately 25% of Montenegro's food-retail market and to operate about 60 outlets.
- 2011
Entry into BMW and Mini dealership
[1]Voli became an authorized dealer for BMW and Mini in Montenegro.
- 2011
KK Budućnost sponsorship
[1]Voli became general sponsor of KK Budućnost Podgorica, and the club adopted the name KK Budućnost VOLI.
- 1995
Company founded
[1]Voli was established in Montenegro and began operations with a supermarket in Podgorica's Blok 5 neighborhood.
Products and positioning
A large domestic Montenegrin grocery retailer combining supermarkets, hypermarkets, convenience stores, food distribution, and selected adjacent commercial activities.
Grocery retail · 1995
VOLI supermarkets
Voli's core retail business consists of supermarkets selling food, beverages, household necessities, and other consumer staples. The chain began with a single Podgorica store and expanded into a national Montenegrin network. The available source describes the stores as part of a broader portfolio that also includes convenience outlets and hypermarkets.
Hypermarket retail
VOLI hypermarkets
VOLI hypermarkets are the company's larger-format grocery locations, designed to provide a wider assortment than neighborhood or convenience stores. One such hypermarket served as the anchor tenant of a company-owned shopping mall, illustrating Voli's use of large-format retail within broader commercial developments.
Food distribution
Voli food distribution
Alongside its own stores, Voli distributes selected regional food brands in Montenegro. The cited examples include Carnex, Vital, and Vindija. This activity gives the company a supply-chain role in addition to its direct-to-consumer supermarket business.
Automotive retail · 2011
BMW and Mini dealership
In 2011, Voli became an authorized dealer for BMW and Mini in Montenegro. The dealership represented a diversification into automotive distribution and retail outside the company's original grocery and food-distribution focus.
Marketing campaigns
- 2011KK Budućnost VOLI sponsorship
Montenegro
Voli became the general sponsor of KK Budućnost Podgorica, one of Montenegro's most successful basketball clubs. The sponsorship was integrated into the club's public identity through the adoption of the name KK Budućnost VOLI.
Outcome. The club continued to carry the VOLI name in its official identity according to the cited reference, while Dragan Bokan became its president.
Brand decisions
2011
Diversification into automotive retailStrategyBackground
Voli had developed from a grocery retailer into a broader distribution business and pursued an adjacent commercial sector.
Action taken
The company became an authorized BMW and Mini dealer for Montenegro.
Aftermath
The move expanded Voli's activities beyond supermarkets and food distribution, although the available source does not provide financial or operating results for the dealership.
2011
Strategic sports sponsorship of KK BudućnostStrategyBackground
Voli sought a prominent national association through sponsorship of a leading Montenegrin basketball club.
Action taken
The company became general sponsor of KK Budućnost Podgorica, which adopted the name KK Budućnost VOLI.
Aftermath
The sponsorship connected the Voli name with one of Montenegro's most successful basketball institutions. Dragan Bokan was also identified as becoming the club's president.
Recent events
- 2011
Voli became general sponsor of KK Budućnost Podgorica[1]
Campaign · Other
The retailer became the general sponsor of KK Budućnost Podgorica. The basketball club adopted the name KK Budućnost VOLI, and Voli chief executive Dragan Bokan became the club's president.
- 2011
Voli became an authorized BMW and Mini dealer in Montenegro[1]
Other
Voli expanded beyond food retail by becoming an authorized dealer for BMW and Mini in Montenegro.
Sources1 sources
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