Serbia-Montenegro: The Soufflet group, the world's leading maltster, announced on June 15 it has just acquired the majority of the stocks and shares of “Maltinex” maltings, situated in Bajka Palanka, 100 km north-west of Belgrade, in the Republic of Serbia-Montenegro.

Maltinex is a maltings in Serbia-Montenegro, with a yearly production capacity of 50,000 tonnes. Maltinex is situated in the heart of the large cereal plain of the Vojvodine where the production potential of quality malting barley is very promising.

The Soufflet group, the world's leading maltster, continues with this investment, developing in Central Europe, which began at the end of 1998. Malteries Soufflet will now produce in nine countries, France, Poland, the Czech Republic, Hungary, Romania, Russia, Kazakhstan, Ukraine and Serbia-Montenegro.

Following this acquisition, the Soufflet group's maltings will now have a capacity of 1,432,000 tonnes.

15 June, 2004