Company "Centroproizvod" invested 4m EUR in the new technology and modernization of production in the past few months. Thanks to that, the completely new equipment for confectionery and powder program have been installed. ... More

Smithfield Romania goes for RON 72 M equity increase

Smithfield Romania has increased its equity by RON 72,116,070 (some EUR 21 M) to RON 152,357,200 swapping the debts of its international associate, Smithfield International Investments. As many as 7,211,607 new shares will go to ... More

Belgrade-based "Trading" opens first Serbian factory for horse meat processing

Private company from Belgrade "Trading", the owner of which is Sima Želčeski, will open the first Serbian factory for horse meat processing in Bor in 40 days. The project and the marketing are entrusted to the Bor ... More

Tender for sale of BIP to be announced prior to January 26, 2007

Minor stockholders of the Belgrade Beer Industry (BIP) have received the written guarantee from the Privatization Agency that the tender for sale of this company will be announced prior to January 26, 2007. According to the ... More

Croatian Dukat To invest in dairy sector

Croatian dairy Dukat, formerly known as Lura, will build a dairy near Prilep, in central FYROM, said Alexandar Talimdzioski, who heads the cabinet of Prilep mayoralty. Talimdzioski did not name the amount of the investment. ... More

Eight companies to represent Romania at 'Green Week' in Berlin

Romania will participate with eight companies in the 'Green Week' international fair for food industry, agriculture and gardening, to be held in Berlin (Germany) between January 19 - 28, 2007.The 72nd edition of the 'Green Week' ... More

4 Bulgarian food co's apply for EU export permits

Only 2 dairy farms and as many meat processing companies managed to comply with the deadline for the submission of applications for EU export permits which expired on Mon, Jan 8. The deadline was announced on Fri, Jan 5. The ... More

Companies "Grand kafa" and "Soko štark" to have joint factory

-The construction of 30m EUR worth of joint factory of companies "Soko Štark" and "Grand kafa" in the vicinity of Belgrade will start in 2007 - said general manager and the founder of "Grand kafa" and the Head of the ... More

Concern "Bambi-Banat" to be put into operation in 2007

The new concern for production and sale of confectionery products "Bambi-Banat" Belgrade will be put into operation at the beginning of year 2007 and the plan is that about 28,000 tons of confectioneries from that company be sold ... More

Mitrosrem sold for 15 million euros

The new owners of Mitrosrem will have to invest ten million euros and accept added welfare programs. The Privatization Agency signed an agreement for selling Mitrosrem to the consortium made up of the Beočin-based Finam ... More

Austrian juice maker Rauch to set up office in Bulgaria

Rauch, the Austrian fruit juice company, will open a representation office in Bulgaria next year, taking over the local distribution operations from Fruit Impex which used to be the authorised importer of the Rauch brands. ... More

Principal Company invests EUR 4 million in production

Sausages producer Principal Company plans to invest in the next two years some EUR 4 million to expand the production capacity from Filipestii de Padure and Salonta, said the company’s administrator Eduard Vlaston. The unit ... More

Germany's Meggle to shut down Bulgarian dairy operations

German dairy company Meggle plans to discontinue production operations in Bulgaria and keep the brand alive on the local market through imports. The pullout is indirectly confirmed by the news that MJ Pack has notified the ... More

Bulgarian bourse registers vegetable oil maker Sunny Rays

The Bulgarian stock exchange has registered local vegetable oil producer Sunny Rays Bulgaria and the shares of the company will start trading December 19. The company is performing a secondary offering of 10,000 shares with a ... More

Beer from Čelareva on Bosnian market

Brewer "Carlsberg" Serbia from Čelarevo will open the company in Bosnia and Herzegovina at the beginning of 2007 and it will have 20 employees and 70 suppliers, which will be make the presence of this brewer on the market of ... More

Devin to take over as Red Bull distributor

Local bottling company Devin, owned by Austrian investment fund Wing Equity, confirmed for Dnevnik it was about to finalise the negotiations to be named as the local distributor of energy drink Red Bull. The changeover is likely ... More

Friesland Foods posts EUR 105 million in turnover

Friesland Foods posted for this year EUR 105 million in turnover, said the company’s general director Gerbrant de Boer. Napolact, one of the companies owned by Friesland, estimates EUR 33 million in turnover, a 10 percent ... More

Cris-Tim to build new factory in 2007

Sausages producer Cris-Tim will build next year a new factory in Filipinesti, as part of an investment program of EUR 10-15 million for 2007. The program targets the expansion of the production capacity and real estate ... More

Ulker Produces Gum with no Artificial Coloring

Ulker Food Corporation has produced gum with no aspartame or artificial color. The company ambitious to play a role in the $100 million consumption volume-coated tablet gum market is ready to increase the market share with Chewy ... More

Kent Appointed Coca-Cola CEO

Muhtar Kent, who started his business life 28 years ago at Coca-Cola company as a truck diver and stock man, has been named as the new president and chief operating officer for Coca-Cola, representing over 200 ... More