The Serbian food producer Swisslion-Takovo has purchased a controlling stake in the Mitros meat processing firm for 36m dinars (US$597,000), Serbia’s Privatisation Agency said on Friday.


The South East Europe Newswire reported that Swisslion-Takovo bought 70% of Mitros at the starting price at an auction held by the agency. The food producer, one of Serbia’s largest,is to assume 556.7m dinars of Mitros debt. It also pledged a minimum investments of 91m dinars.


Mitros, which employs roughly 1,000, halted production six months ago. A tender for its sale organised by the privatisation agency in 2003 failed as the sole bidder refused to take over all of Mitros’ debts.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now