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Croatian concern becomes majority owner of Serbian edible oil producer

Autor: ;rmli;
ZAGREB, Sept 1 (Hina) - The Croatian concern Agrokor has become themajority owner of the edible oil producer "Dijamant" from Serbia andMontenegro, Agrokor officials said on Thursday.
ZAGREB, Sept 1 (Hina) - The Croatian concern Agrokor has become the majority owner of the edible oil producer "Dijamant" from Serbia and Montenegro, Agrokor officials said on Thursday.

The Croatian concern now holds more than 60 percent of shares and close to 80 percent of the voting rights in the Zrenjanin-based company.

Agrokor also intends to sign a EUR15 million contract on investments into the expansion of Dijamant's plants, as well as invest 30 million euros into the purchase of raw materials.

The Zrenjanin company consists of two factories employing 1,056 workers.

Its revenue in 2004 amounted to some 9.39 billion dinars (1.27 million euros).

(Hina) rml

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