Austria's Cafe&Co planning expansion in Serbia – 1,200 hot beverage machines installed in ten years

Source: Tanjug Wednesday, 13.12.2017. 14:34
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(Photo: Peter Bernik/shutterstock.com)
The Austrian company Cafe&Co International plans to grow considerably in Serbia in the upcoming years and double its presence in the country, Fritz Kaltenegger, an executive at the concern, said in Vienna on Tuesday, December 12, 2017.


He reminded that Cafe&Co was the leading company in the field of hot beverage machines and that it was present in 11 countries of central and eastern Europe.

According to him, Serbia is the third country looking by growth within the company.

Kaltenegger said that the Austrian company had founded the company in Cacak in 2007 and that it had offices in Nis, Belgrade and Subotica as well.

He added that their machines had been installed in over 500 companies and that there were 1,200 devices installed throughout Serbia.

– We've seen that Serbian economy is growing dynamically and that's what makes it an especially interesting market to us. A favorable economic policy attracts investors – Kaltenegger said.

He announced that the company intended to start a special new line for public areas in Serbia, so that it would not be present in companies only.
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