Macedonian wine declared the best in Croatia

The wine Cuvée de Prestige 2006 Barrique, produced by the wine cell Chateu Kamnik from Skopje, has been declared the champion among all red wines at the fair held in Croatia. The Macedonian wine, which got the record-high ... More

Hepok’s land in the market as well

As the date of announcement for the privatization tender of Mostar Hepok approaches, interest of potential investors is increasing. The growing interest probably has to do with the company’s recently revised opening balance ... More

“VIPRO” moves in new business facility

“VIPRO” builds new factory for production of healthy food, fruit and vegetable processing. The factory is own investment of 500 thousand –one million euros. “VIPRO” realized production of about 1, 5 ... More

Belvedere to ship Bulgarian wines to U.S.

The Bulgarian unit of French wine and spirits group Belvedere said it will start this April to export local wine to the U.S. Belvedere Bulgaria subsidiary Vinimpex and Imperial Brands, Belvedere's stateside branch, will be in ... More

Milk from FYR Macedonia in Greek markets

IMB continually exports milk into Greece. As the only certified Macedonian company with issued export number, besides the export in Greece, IMB has cooperation with Italy, and it is also present in Australia with its cheese and ... More

Investment in Fidelinka worth EUR 32 million

Subotica-based Fidelinka is planning to invest more than EUR 32 million in the year 2008 in increasing capacities and modernization of production. The company will focus the investment on building new bakery production ... More

Zema is one of the best water brands in the world

At a prestigious water competition in Berkley Springs, Virginia, the Zema water brand by Tesanj Kiseljak won the silver medal. Berkley Springs is home to the world’s biggest mineral water show – the International ... More

Tikves won the price of regional brand

Winery Tikves won the price “Favorite regional brand”, awarded by visitors of the “Brand fair international” manifestation, which is major gathering from the area of branding South-East Europe, held from 7 ... More

Sales of bottled waters increased by 14%

Manufacturers of natural mineral and spring waters in Serbia registered the growth of sales in 2007 by 14%, that is, by 81.1m liters - the Association of the industry of mineral waters of Serbia announced. During 2007, 651.3m ... More

Kraš opens a distribution center in Serbia by June

Croatian confectionary manufacturer Kraš will open a distribution centre in Krnježevci, near Belgrade, by June. The investment is worth HRK 5mn. Nadan Vidošević, Chairman of Kraš Board and President of ... More

Slimming Sweets Win 2007 Innovative Enterprise Award

Slimming sweets "Slimbo" brought the 2007 Innovative Enterprise Award for the most innovative small enterprise to Alpi Commerce and a family of AC one-phase static electricity meters got the medium- and large-size enterprise ... More

Dukat becoming the leading regional dairy products brand

After Dukat joined the Lactalis Group in My 2007, the Croatian dairy industry has taken over the role of the Lactalis’s corporate management center for the former Yugoslavia, and from January 2008 it includes Romania, ... More

Coca Cola HBC buys 40% of Honest Tea

According to sources, Coca Cola HBC has acquired a 40% stake in Honest Tea Company. The company did not rule out increasing its stake in the company. Honest Tea is a privately-held beverage company based in Bethesda, Maryland, ... More

Heineken, Efes, merge Serbian operations

Heineken will become a 72% owner and Efes will own 28% of the breweries the two own in Serbia. Efes will with its 10% cut, become the third largest presence on the Serbian beer market and the owner of the Weifert brewery in ... More

Bids called for UPI Simes

The Sarajevo Canton Privatization Agency issued a public call for bids yesterday, in an attempt to sell the 100-percent government stake in UPI Simes Sarajevo. This is the final stage of its privatization, after parts of the ... More

Budimka from Požega at auction

The Privatization Agency announced a public invitation for the auction sale of Požega based Budimka, a joint stock company for foreign trade and for the production, processing and trade of fruits, vegetables and meet. ... More

Voda Vrnjci’s profit EUR 2 million

Water bottling company Voda Vrnjci raised its profit by 30 percent in the year 2007, to EUR 2 million. Company’s director Radovan Simovic says that production was increased by 35 percent last year, while revenues were up by ... More

Croatia sold EUR 100 million worth of sugar to the EU last year

The year ahead will be crucial for domestic sugar refineries, whose outputs tripled over the past four years owing to the EU shipments. Last year, the three sugar plants produced more than 240,000 tonnes of sugar. However, there ... More

Bulgarian meat co Mekom to IPO in Jan '08

Mekom, the local maker of meat products, will perform an initial public offering in the second half of January 2008, said the United Bulgarian Bank which will lead manage the operation. Commercial Bank Allianz Bulgaria will ... More

Sugar mill Zaharni Zavodi to raise 38 mln levs

Zaharni Zavodi, the Gorna Oryahovitsa-based sugar producer, will issue on the local bourse 2.08 mln new shares in January 2008 in a bid to raise as much as 38 mln levs from the market, the company said in a filing with the ... More