Contract signed between Podravka and Swisslion Takovo Concern on business cooperation

Podravka and Swisslion Takovo have signed the contract on start of cooperation on the market of Serbia and Montenegro. This contract, which was signed by director of Podravka’s office in Belgrade, Krunoslav Bešvir,.and director of DOO Takovija (part of Swisslion Takovo Concern), Goran Kutrički, implies that Swisslion Takovo Concern is going to produce beef soaps with Podravka’s trademark in SCG in accordance with Podravka’s recipe and technological standards. Production of contracted quantities will start in October. The value of the contract is over 3 million HRK, which makes Swisslion Takovo Concern one of the most important Podravka’s business partners on the market of SCG in domain of production in cooperation. The contract expires in one year with the extension option in case both sides are satisfied with the cooperation. Official signing of the contract was carried out in the presence of Darko Marinac, president of Administration of Podravka, and Rodoljub Drašković, president of Swisslion Takovo Concern, who expressed their satisfaction with the started cooperation.

The market of Serbia, as well as entire territory of Southeast Europe, is very important market for Podravka’s operations because it realizes about 22% of total realized incomes from sale in that region. Many Podravka’s brands, such as Vegeta, food for children Lino and others, are leaders on the afforementioned markets.