Bosnia's largest baker has said that it hopes to increase exports by targeting retailers in the EU and Switzerland.

 

"We have said we want to grow our exports by 10% this year. We want to start selling our products in throughout Europe," a spokesperson for the company told just-food.

 

Bosnia's largest baker and miller said that it is looking to acquire its smaller Bosnian peers and added that it will invest in new technology that is environmentally-friendly.

 

In fiscal 2007, Klas exports accounted for 7% of sales - or EUR3.7m (US$5.73m).

Earlier this month, Klas entered Italy by signing a four-year cooperation agreement with Italian distributer Gapar.