"Fidelinka" put modernized bakery unit in operation - investment worth 2m EUR

Subotica-based "Fidelinka" has put into operation the new reconstructed and modernized bakery unit, in which 2m EUR was invested.

The CEO of "Fidelinka bakery", Branko Lavrenčič, announced that the company planned to have regional bakeries built in Novi Sad, Belgrade, Čačak and Niš.

- The incomes in this year are twice as big as in 2007, and such growth should be achieved next year as well - said Lavrenčič.

He said that there was no reason for increase in price of bread at the moment, but he expressed concern for the economic crisis whose effects were more and more visible.

According to the data provided by the Business Registry Agency, "Fidelinka bakery" registered incomes worth 485.3m RSD and profit worth 7.5m RSD in 2007.