Studenac appoints Teo Vujčić as CEO amid stabilization phase

Studenac, a Croatian retail chain, has appointed Teo Vujčić as new head of management, replacing Michal Senczuk who departs after eight years. The change comes during a key phase of stabilizing operations, with Vujčić's restructuring experience likely aimed at improving performance. The move signals potential strategic shifts in the company's operations, though specific plans remain undisclosed.