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Agrokor Group the Agrokor Group Is the Largest Privately Owned Company in Southeast Europe with Almost 60,000 Employees and Repo

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Agrokor Group the Agrokor Group Is the Largest Privately Owned Company in Southeast Europe with Almost 60,000 Employees and Repo Agrokor Group The Agrokor Group is the largest privately owned company in Southeast Europe with almost 60,000 employees and reported consolidated total revenues reaching EUR 7 billion. The Agrokor Group's core businesses are the production and distribution of food and beverages and retail. Corporate members include Jamnica d.d., Croatia's largest producer of mineral water, Ledo d.d., Croatia’s leading ice cream company, Zvijezda d.d., the biggest domestic producer of oil, margarine and mayonnaise, the largest Croatian meat industry PIK Vrbovec d.d., Croatia’s leading agricultural and industrial company Belje, and leading largest retail chains Konzum d.d. and Poslovni sistemi Mercator d.d and other companies. In addition to its Croatia-based companies, in recent years Agrokor has acquired companies based in several neighbouring countries, including Ledo Čitluk, Sarajevski kiseljak, Velpro Sarajevo, Frikom, Dijamant, Idea, Mercator, Ledo Hungary and Fonyodi. The leading positions of Agrokor's companies are reflected in their dominant market shares. Ledo dominates Croatia’s ice cream market. Zvijezda enjoys the biggest share of the margarine and edible oils market, while Jamnica fronts Croatia’s bottled water market. Konzum is Croatia’s biggest retail chain and PIK Vrbovec is the leading meat company in the region. Since it was established 30 years ago, due to a clear business vision, a consistently applied company-wide strategy and well-planned investment projects, Agrokor has grown from a small family-owned company for the production and sale of flowers into the leading food industry and retail group in the region today. Having achieved and strengthened its indisputable leadership in the domestic marketplace by staying ahead of changing market demands, Agrokor is now focused on making a step further in an attempt to realize its long-term strategic goal – becoming a major player throughout the region and beyond it. Vinka d.d. Vinka is the only factory freezing fruits and vegetables in Croatia, covering this part of the market with local produce. Vinka's position in the center of the growing area for raw materials, has a significant competitive advantage in the production and processing of fruits and vegetables. Currently producing approximately 15.000 tons of frozen products and planning a future production of 60.000 tons, it will become a regional leader in this segment. A partnership with Ardo will ensure the implementation of the most advanced technologies in the production and processing of fruits and vegetables thanks to Ardo's industrial experience and its leading European position in this segment. Ardo Group With a turnover of € 841 Mio in 2015 and 3800 employees, the family owned Ardo Group (whose headquarters are located in Ardooie, Belgium) is the European leader in the production of a full range of fresh frozen vegetables, herbs and fruit for Retail, FoodService and Industry. Today the Ardo Group has 20 production, distribution and packing units in 8 European countries, ensuring optimal sourcing from the most productive growing regions. The Group markets 762,000 tons of fresh frozen vegetables, herbs, fruit, pasta, potato products and rice worldwide. Ardo’s mission is to preserve the gifts of nature as purely as possible for its customers and consumers. In order to reach this goal, the group applies integrated production methods and quality monitoring with great respect for nature and the environment. Ardo works hard to develop truly sustainable ways of growing crops and producing products that consider the crop’s requirements, the activities of the farmers and the demands of the customers. Ardo controls the entire production chain, from the selection of seed to packing and distribution. Ardo’s differentiating expertise on raw material and processing, as well as its flexible structure enable the development of new products that meet market needs and trends. With sales offices throughout Europe and beyond, there’s always a member of the Ardo sales team close to hand, to react quickly to local market requirements Ardo supports long-term relationships with growers, suppliers and customers, which offer stability for all parties and are necessary to provide the confidence for sustainable investments. .
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