Croatia & Bosnia: Croatia's Stanic Beverages to launch production in Bosnia

Croatia's Stanic Beverages, part of Stanic Group, plans to launch this year beer production in Bosnia where it currently distributes a large number of international beer brands, SeeNews reported on February 12 citing a Bosnian municipality.

Stanic Beverages will build a beer production plant in Kresevo, a town in central Bosnia located some 40 km west of Sarajevo, the Kresevo municipality said in a statement earlier this week.

The investment will be made in partnership with the local authorities who will provide the company with the necessary water resources for the planned beer production, the municipality said without disclosing the value of the investment.

At present, Stanic Beverages, via its Kresevo-based Bosnian unit Boreas, is the distributors of beer brands such as Heineken, Amstel, Karlovacko, Zajecarsko Pivo, MB and Pils Plus, among others, on the Bosnian market.

Boreas is also active in the distribution of strong alcoholic drinks, non-alcoholic drinks and tobacco products.

In 2015, Stanic Beverages opened a fruit juice bottling plant in Kresevo for its Juicy brand, aiming to meet the rising demand for its products in the region and beyond.

Stanic Group comprises eight companies operating in the fields of production, distribution and sale of alcoholic and non-alcoholic beverages, technical goods and tobacco, as well as in the media segment.