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Large profits in Serbia

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Company Coca Cola HBC made profit of €17.7m in Serbia in 2007, which is 23% more than in 2006. It has also invested over €150m in expansion and modernization of production and distribution.

Coca Cola HBC has six distributive centers in Serbia and employs about 1,000 workers. The company owns bottling unit Vlasinka and Subotica based Fresh & Co Company, producer of Next and Su-voce juices.

Norwegian Telenor made profit of €15.53m in the first quarter of 2008, which makes 11% profit increase compared to the first quarter of 2007. With total of 2,987,000 users it keeps its stable market share of over 39%.

(SIEPA)

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