The Daily Brief

News highlights with your first cup of coffee

Fill in your details

Get the highlights from Southeast Europe with your morning coffee


You have now subscribed to our daily newsletter

Stay tuned. You will receive your first message tomorrow.

Macedonia's Pekabesko to provide distribution for Turkey's Sutas local dairy – econ chamber

SKOPJE (Macedonia), April 16 (SeeNews) – Macedonian meat processing company Pekabesko will provide distribution services to local dairy Balkanska Mlekara under a five-year deal it signed with the dairy's owner, Turkey's Sutas, the country's economic chamber said.

Balkanska Mlekara, formerly Swedmilk, will launch operations next month with a processing capacity of 180 tonnes of milk per day, the chamber said on Monday quoting Sutas general manger for Macedonia, Ali Musfik Sozer.

Sutas has invested 10 million euro ($13.1 million) in its Macedonian dairy so far and plans additional investment of 5.0 million euro by the end of 2013. Its staff is to increase from 50 to 200.

Pekabesko has a distribution network of 40 vehicles and over 50 employees. It also has a 4,000-square meters of warehouse space.

Sutas acquired bankrupt Swedmilk in April last year.

($=0.7643 euro)


5/5 articles left. Get more for free...