Over the past 18 months, Podravka has invested some €10.8m in expanding production capacity at Studenac. The company has around a 20.8% share of the Croatian mineral water and fruit juice market, making it the second most powerful company in the sector after Jamnica.
CROATIA: Podravka reports 42% sales rise for Studenac
The Croatian food and drinks group, Podravka, has reported a 42% increase in sales at its mineral water and fruit juice subsidiary, Studenac, for the first half of 2002. The company posted sales revenues of €5.6m from soft drinks in the first half of 2001.
July 30, 2002