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Panvita Food Group Incurs Loss, Boosts Revenues in 2011

Murska Sobota, 13 March - Food group Panvita made a EUR 2.7m loss in 2011 even as revenues increased 8% year-on-year to EUR 112.4m. The pork division was the main reason for the group's negative results, having ended the year EUR 3.4m in the red, according to chairman Peter Polanič.

Murska Sobota
Food group Panvita holds a press conference to present business results for 2011.
Photo: STA

Murska Sobota
Chairman of food group Panvita Peter Polanič speaks to the press about business results for 2011.
Photo: STA

Murska Sobota
Food group Panvita holds a press conference to present business results for 2011.
Photo: STA

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© STA, 2012