The separation of snacks specialist Ropi from bread and biscuit producer Karamell has been approved by the Hungarian Court of Registry.
Andras Korosi, CEO of the Hungarian-owned Karamell has also revealed that former owner of Dutch firm Fundy, Peter Suto, has acquired a personal stake of 57.49%, although this is not expected to change the company’s management.
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Korosi also stressed that the revenue figures for this year, which are expected to be less than HUF4m, are incomparable with previous years because of the separation.
