Serbia: latest retail news, insights and analysis | ESM Magazine

Mattoni 1873 Acquires Full Ownership Of Knjaz Miloš

Mattoni 1873 acquired a 46.43% stake in Knjaz Miloš from PepsiCo, becoming the sole owner of the Serbian mineral water and energy drinks firm.

Knjaz Miloš To Distribute Pepsi Brands In Serbia And Montenegro

Serbia-based mineral water and non-alcoholic beverage producer Knjaz Miloš has become the official producer and distributor of Pepsi brands in Serbi...

Fortenova Group Divests Frozen Food Business To Nomad Foods

Fortenova Group has sold its Frozen Food Business Group (FFBG) to Nomad Foods for €615 million. FFBG consists of the business units Ledo Plus (Croa...

Atlantic Grupa Sees 60% Growth In Net Profit In FY 2019

Croatia-based food producer and distributor Atlantic Grupa generated a net profit of HRK 390.4 million (€51.4 million) in 2019, up 59.8% on...

Barry Callebaut Starts Construction of Chocolate Factory In Serbia

Chocolate maker Barry Callebaut has started construction work on a production facility in the Serbian city of Novi Sad, about 90 kilometres northwest of Be...

Savoury Spreads, Beverages Boost Atlantic Grupa Results

Croatia-based food producer and distributor Atlantic Grupa recorded sales of HRK 2.57 billion (€348.1 million) in the first half of 2019, reporting 3....

KMV And PepsiCo To Acquire Serbia’s Knjaz Miloš

Karlovarské Minerální Vody (KMV) and PepsiCo will acquire the Serbia-based mineral water and non-alcoholic beverage brand, Knjaz Milo&...

Spreads and Beverages Help Boost Atlantic Grupa’s Q1 Results

Croatia based food producer and distributor Atlantic Grupa has reported Q1 2019 sales of HRK 1.2 billion (€161.8 million), up 5.1% year-on-year. EB...