SARAJEVO (Bosnia and Herzegovina), October 20 (SeeNews) - Serbian food company Marbo, operating within the PepsiCo multinational company, will stop production at its potato chips factory in Laktasi, in Bosnia's Serb Republic, by the end of 2021, Bosnian media reported.
The factory will be transformed into a distribution centre for the entire Bosnia and Herzegovina, news portal Capital reported on Tuesday.
Some 32 employees will continue to work at the distribution centre, whereas 124 employees will be laid off, according to the report.
The entire production will be moved to Marbo's factory in Serbia's Maglic, near Novi Sad.
Marbo manufactures, markets and sells potato chips and other snack foods. It is a distributor of a number of international brands, including Pepsi, Mirinda, 7Up, Lipton, Lay's and Doritos.
The Serb Republic is one of two autonomous entities that make up Bosnia and Herzegovina. The other one is the Federation.