Dec 5, 2012

Additional investments in the Republic of Serbia

Alkaloid AD Skopje continues with its investments aiming a greater market share on existing and new foreign markets. On 24.01.2012 Alkaloid invested a total amount of 405 thousand EURO in its subsidiaries in the Republic of Serbia through increasing their share capital.

280 thousand EURO were invested in Alkaloid DOO Belgrade in equipment for a control laboratory necessary for its own production and 125 thousand EURO were invested in Alkaloid Veledrogerija DOO Belgrade for acquiring vehicles and warehouses necessary for its distribution activities.Both subsidiaries are 100% ownership of Alkaloid AD Skopje.

These investments are in line with the continuous activities of Alkaloid AD Skopje to strengthen the export positions of the company as its main strategic commitment.