Member Article

Media reports from Croatia are telling us that the Podravka food company has sold its Studenac mineral water bottling facilities to the Slovenian Radenska company, which is in turn owned by the Czech company Kofola – one of the European leaders in the field of producing and distributing non-alcoholic drinks.

The acquisition contract has been reported as signed, with the full takeover expected to happen by the end of this year. Reports further claim that no adverse effect is expected on the Croatian company's business results, with a positive impact on the profitability of their business anticipated instead.

As already mentioned, Kofola Ceskoslovensko is one of Europe's leading manufacturers of soft drinks, with six manufacturing plants and 1900 employees across Slovakia, the Czech Republic, Slovenia, Croatia and Poland. This company is known for having a positive attitude and a respectful approach to local brands and local culture around the region, as it has breathed new life to many brands of non-alcoholic beverages in these countries.