"Plima M" announces expansion of operations, investments worth €2.5m in 2006

The businessman from Kruševac and the owner of edible oil factory "Plima M", Božin Milićević, has taken over milling-baking industry "Branko Perišić" and he has announced creation of strong Serbian agricultural industry. Company "Branko Perišić", the biggest supplier of bread and baked goods in the region of Rasina, after the privatization, obtained the new name - "Plima pek".

Milićević says that he intends to take part in tender for purchase of agricultural goods in South Banat, Srem and South Serbia. The aim is making of base for production of sunflower and wheat.

In the following year, Milićević will invest €2.5m in new factory in village Koševo.