Podravka Offloads Confectionery Assets to UPI Star in Bosnia and Herzegovina
6 Articles
6 Articles
Žito, a member of the Podravka Group, has sold its confectionery business, which includes the Gorenjka, Šumi, Herba, Mistica and Bali brands, to UPI Star Sarajevo. The company will take over the employees, brands and factories of Šumi in Krško and Gorenjka in Lesce, while Žito will strengthen its focus on baking.
Žito sells its confectionery business and strengthens its focus on baking.
The company Žito, a member of the Podravka group, has sold its confectionery business, which includes the brands Gorenjka, Šumi, Herba, Mistica and Bali, to the company UPI Star Sarajevo. The company will take over the employees, brands and factories of Šumi and Gorenjka.
UPI Star Sarajevo will take over the employees, brands, and factories Šumi in Krško and Gorenjka in Lesce, while Žito will strengthen its focus on baking.
Podravka Croatia and its company Žito d.o.o. Ljubljana have decided to sell the Confectionery business unit, which includes the brands Šumi, Gorenjka, Herba, Mistica and Bali, with the aim of focusing Žito d.o.o Ljubljana on its core business, namely the bakery business. A purchase agreement was signed today in Ljubljana between Žito d.o.o. Ljubljana and the company UPI Star d.o.o. Sarajevo, which will take over the entire confectionery business…
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