Spectator on facebook

Spectator on facebook

Kofola set to merge with rival company

Kofola, the biggest soft drink producer in Slovakia, is going to merge with the Polish brand Hoop, the Hospodárske Noviny wrote on November 5.

Kofola’s owner, KSM Investment, agreed with the Polish side on the conditions of the companies' merger, which would create one of he strongest central European players on the soft beverage market.

KSM Investment is based in the Czech Republic and the drink is produced in a plant in Rajecká Lesná near Žilina.

The friendly takeover would involve in transfer of the Kofola group’s assets to Hoop, which would issue new shares, giving the current Kofola owner a 57-percent controlling stake in the new company.


Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

President will not appoint Pellegrini cabinet as proposed

There should be no people who could raise independence concerns, Kiska suggests. Pellegrini has until Friday to submit a new proposal.

Andrej Kiska

What’s new at the Foreigners’ Police in Bratislava? Photo

The Slovak Spectator visited the new premises of the Foreigners’ Police department in the Vajnory district, which opened on March 19.

Tax assignation fetches record funds

More than one half of companies do not assign corporate taxes to non-government organisations.

Illustrative stock photo

Politics is not filth, it concerns all of us

Who falls asleep in democracy, wakes up in totalitarianism.

Bratislava For a Decent Slovakia protest March 16, 2018.