Serbian soft drink maker Nectar has acquired 93.7% of Slovenian peer Fructal from beverage group Pivovarna Lasko for EUR 35.3mn, Pivovarna Lasko said in a statement on its website. According to a Tanjug News Agency report, however, the stake was sold for EUR 50mn. Fructal is Slovenia's top soft drinks producer. It has production plants in Slovenia and Macedonia and a distribution network in 18 countries around the world, from Canada and the US to Switzerland, Italy, Belarus and Russia. Nectar is one of Serbia's leading fruit and vegetable processors based in Backa Palanka in the province of Vojvodina in the northern part of the country. |
Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more
Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more
Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more