PIK Becej Buys Factory for Processing and Storage of Vegetables ABC Food
Source: eKapija
Friday, 25.11.2022.
08:58
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Illustration (Photo: BravissimoS/shutterstock.com)
– This purchase is a strategic merger with the factory Flora, because our goal is to expand its capacities. When the company Flora was bought in 2016 by MK Group, it was in bankruptcy proceedings, as is the case now with ABC Food. Through daily efforts and work, we have managed to turn Flora into a modern factory, which, through constant upgrades and investments in the production lines, equipment and infrastructure, has become a company which exports its products to over 30 countries of the world – said Milos Mijovic, General Manager of PIK Becej and CEO of MK Agriculture.
As he added, MK Group plans to reconstruct and invest in the facilities at ABC Food, and with the successes we’ve achieved with Flora so far, success is expected from this purchase as well, the press release says.
Companies:
PIK-Bečej doo Bečej
MK Group d.o.o. Beograd
ABC FOOD a.d. Ruski Krstur
MK Agriculture d.o.o. Novi Sad
Flora a.d. Bečej
Tags:
vegetable processing
vegetable storage
Ruski Krstur
Flora
Milos Mijovic
purchase of factory ABC Food
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