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Nectar D.O.O. Backa Palanka (Serbia)

Main Activities: Fruit and Vegetable Canning, Pickling, and Drying | Soft Drink Manufacturing
Full name: Nectar D.O.O. Backa Palanka Profile Updated: September 28, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Nectar (Nektar), Serbia’s leading fruit and vegetable processor, is based in Backa Palanka in the autonomous province of Vojvodina in the northern part of the country.
The company produces fruit juices, nectars, marmalades, syrups, fruit brandies and apple vinegar.
It processes some 20,000 tonnes of fruit mashes and further 8,000 tonnes of concentrate a year.
Nectar, owned by local businessman Slobodan Radun, was certified under the HACCP food safety system in the summer of 2007.
In September 2007, the European Bank for Reconstruction and Development (EBRD) lent Nectar EUR 10 million to support its network expansion on the Serbian and neighbouring markets, strengthen its direct distribution network as well as encourage new product development. In November 2008, the company acquired a 70% stake in mineral water bottling firm Heba and in August 2010 it increased its ownership to 100%.

Headquarters
Novosadski put 9
Backa Palanka; South Backa; Postal Code: 21400

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Website: http://www.nectar.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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Ratings:
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Incorporation Date:
January 19, 1998
Key Executives
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Director
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Representative
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Representative
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Representative
Ownership Details
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81.11%
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18.89%
Subsidiaries
'nije Svejedno Fondacija'
100%
Centrokoteks
100%
Delises-Hani D.O.O. Vladicin Han
100%
Company Performance
Financial values in the chart are available after Nectar D.O.O. Backa Palanka 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
-7.4%
Total operating revenue
-7.35%
Operating profit (EBIT)
-95.1%
EBITDA
-29.83%
Net Profit (Loss) for the Period
-37.74%
Total assets
-0.43%
Total equity
-8.98%
Operating Profit Margin (ROS)
-2.24%
Net Profit Margin
-3.99%
Return on Equity (ROE)
-3.06%
Debt to Equity Ratio
2.35%
Quick Ratio
-0.17%
Cash Ratio
-0.14%

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