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Scandia expects turnover exceeding €55 mln in 2008

Publicat la 25.06.2008, 21:00:00

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Scandia expects turnover exceeding €55 mln in 2008
The company plans to expand to Serbia and Bulgaria through acquisitions. Scandia is also analyzing the possibility of acquiring companies in the Ukraine, Georgia, the Czech Republic, and Slovakia.

The local canned meat market is worth some €70 mln. Scandia's main shareholder is Elga Comert company, with 75 percent. The company will invest over €18 mln to finalize a new canned meat factory and open a cold meats factory.

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