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Fresh & Co D.O.O. Subotica (Serbia)

Main Activities: Soft Drink and Ice Manufacturing
Full name: Fresh & Co D.O.O. Subotica Profile Updated: July 06, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Serbia's top fruit-juice maker Fresh & Co, which was established in 1996, is based in Subotica, the country's northernmost city bordering Hungary.
The company is known primarily for its Next brand of fruit juices exported worldwide.
Fresh & Co exports to Hungary, Croatia, Bosnia and Herzegovina, Macedonia and other countries.
In 2003, the company received a EUR 12.5 million equity investment from the European Bank for Reconstruction and Development to expand operations and introduce PET-aseptic packaging.
In March 2006, Greek soft drink bottling company Coca-Cola HBC agreed to acquire, jointly with world's largest soft drink maker Coca-Cola Co., a 100% stake in Fresh & Co. for EUR 18.5 million.
The new owners also agreed to settle a EUR 23.6 million debt of the Serbian company.
CCHBC's share of the purchase price and debt was EUR 21 million.
This was the second acquisition of Coca-Cola HBC in Serbia - in February 2005 the Greek firm bought 100% of Serbian water bottler Vlasinka for EUR 21.5 million.
In November 2009, Balkaninvest Holdings Limited was liquidated – it was replaced by Amsterdam-based Coca-Cola HBC Balkan Holding, which was incorporated in March 2009, and the shares in the Serbian unit were transferred to the newly established entity.

Headquarters
Batajnicki Drum 14-16
Belgrade; Belgrade;

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Website: http://www.fresh.co.rs

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 01, 1996
Key Executives
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Chairman of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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50%
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50%
Company Performance
Financial values in the chart are available after Fresh & Co D.O.O. Subotica report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RSD. Absolute financial data is included in the purchased report.
Net sales revenue
33.26%
Total operating revenue
33.23%
Operating profit (EBIT)
19.76%
EBITDA
13.38%
Net Profit (Loss) for the Period
-51.45%
Total assets
42.88%
Total equity
2.3%
Operating Profit Margin (ROS)
-0.42%
Net Profit Margin
-2.93%
Return on Equity (ROE)
-2.49%
Quick Ratio
-1.98%
Cash Ratio
-0.64%

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