Pivara Bitola for sale

Official receiver in AD Pivara Bitola brewery has announced sale of the brewery’s entire real property and other ownership in a package. The brewery’s facilities, machines, fleet and other equipment are for sale, ... More

Cooking oil maker Biser Oliva to double capacity

Biser Oliva, the Stara-Zagora based cooking oil producer, will take the wraps off a cutting-edge sunflower seed pressing and oil extraction system set to almost double production. The project, worth EUR 14 million, will make ... More

LLI Euromills to buy Greek Loulis Mills' units for EUR 26.1 M

Austrian LLI Euromills plans to acquire a 35.3% stake in Sofia Mel and a 29.5% stake in Titan, Bulgarian and Romanian subsidiaries of Greek bakery group Loulis Mills, for a combined EUR 26.1 million. The transactions will ... More

Vivartia revises business plan, in talks with group of investors

Vivartia's board on Thursday announced the revision of its existing business plan, saying the revision was necessary since a provision to securitise part of the Group's fixed assets, up to 400 million euros, did not seem feasible ... More

Food industry may escape crisis

As reported by Dnevnik The food sector is shaping up as one of the industries which might escape with minor injuries from the global financial fallout and the stagnation it spawned, said exhibitors at the fifth Meatmania, the ... More

Cadbury injects USD 1 bln into economy

Cadbury plc, the owner of one of Turkey's leading confectionery makers, is aiming to boost its production capacity by expanding its already huge Kent Gida plant - located in the Gebze district of the northwestern province of ... More

Kraft Foods Bulgaria Invests EUR 800 000 in New Coffee Plant

Kraft Foods Bulgaria has decided to invest almost a million euros in a coffee plant in the town of Kostinbrod. Photo by public consultants marc The second largest food and beverage company in the worlds Kraft Foods is investing ... More

Belje has biggest automated dairy farm in Europe

The biggest automated diary farm was inaugurated by Belje on October 10. The capacity of the Topolik farm is 500 cows, imported from Sweden, and the investment is worth HRK 60 million. 10,600 litres of milk are expected annually ... More

Bitola dairy plant will produce milk containing fluorine

Next month the Bitola dairy plant will start producing milk that has been enriched with fluorine. This new milk type will be produced following an initiative by the Macedonian Health Ministry, with the support of the Borov ... More

Food companies lack marketing

The Macedonian food industry has a hard time competing against global competition, it mainly has issues with conquering new markets and needs to work a lot more on the implementation of quality standards. On the other hand a ... More

Zito to buy PPK Valpovo

Food conglomerate PPK Valpovo is facing bankruptcy and the Government should soon look into a proposal for resolving the crisis. The most likely new strategic partner is Osijek-based Zito. Agrokor was also being mentioned as a ... More

Croatian Kutjevo gives up on Mostar Hepok

Croatian food producer and trader Kutjevo has decided to give up on all previous announcements regarding the privatization of Mostar wine maker Hepok. The reason for this decision lies in a complex legal state of property ... More

Consumption of Soft Drinks Increases 11 Per Cent

Consumption of non-alcoholic beverages in Bulgaria increased by 11 per cent in the first half of 2008, the Bulgarian Soft Drinks Association reported on Friday. The increase is especially marked during the summer season. The ... More

Starbucks to Enter Bulgarian Market by End of 2008

The largest coffeehouse chain in the world Starbucks is expected to open its first cafes in Sofia by the end of 2008. Photo by buytaert.net The US coffeehouse chain Starbucks is going to enter the Bulgarian market by the end of ... More

Croatian company sold to companies "Cautio" and "Granolio"

Daughter company of stock company "Zdenka" - "Zdenka mlečni proizvodi", has been officially sold to Croatian companies "Cautio" and "Granolio". Following the decision of the Government to privatize the last and the most ... More

Tender for Hepok distillerz privatization called

The Agency for Privatization in Federation of Bosnia and Herzegovina (FPA) launched today a tender for the privatisation of the state capital share of 67% in the Mostar-based company Hepok. Offers should be submitted within 60 ... More

Ideal Sipka to produce Laktalis cheece

“Our intention is Bitola top produce top-quality cheese type President,” says Mato Zadro, President of Dukat, on the briefing organized on the occasion of completed integration of diary Ideal Sipka in Croatian milk ... More

Agrokor acquires 50 percent of Mlinar’s capital stock

Agrokor has informed the Zagreb Stock Exchange it had acquired 72,960 common shares in Mlinar from natural persons on July 1, 2008, including 22,000 A series shares with the nominal value of HRK 400 per share, overall worth of ... More

Delta exclusive distributor of Vitaminka

The CEO of Banja Luka-based "Vitaminka", Žarko Mikić, said that the aim of that company was that Belgrade-based "Delta" became the exlusive distributor of its products in Serbia. It is well known that "Delta" took ... More

Vitaminka negotiating with Delta

Banja Luka-based Vitaminka has reportedly entered serious negotiations with Serbian Delta. The former’s director Zarko Mikic declined to specify plans that include the Serbian retail behemoth, but said he believes that the ... More