Croatian food giant Podravka is believed to be mulling the establishment of several joint ventures with Serbian companies.

The joint ventures would be engaged in producing frozen fruit, instant soups and spices and bottle mineral water in Serbia.

Podravka's CEO, Miroslav Repic, was in discussions with the Chairman of the Serbian regional Chamber of Commerce of Novi Sad, Dragan Lukac, earlier this week. At these talks, Lukac said, the chamber pledged its full support to joint ventures.