Knjaz Miloš a.d.

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"Knjaz Miloš" redirects here. For the Serbian ruler after whom the company was named, see Miloš Obrenović I, Prince of Serbia.
Knjaz Miloš
Native name Књаз Милош
Type Joint-stock company
Industry Beverages
Founded Aranđelovac, Serbia (December 21, 2000 (2000-12-21))
First founded 1811
Headquarters Aranđelovac, Serbia
Area served Worldwide
Key people Daniel Boehi
(Executive director)
Products Water, carbonated soft drinks, other non-alcoholic beverages
Revenue Decrease 68.25 million (2013)[1]
Net income Decrease -€4.79 million (2013)[1]
Total assets Decrease €60.80 million (2013)[1]
Total equity Decrease €0.66 million (2013)[1]
Employees 910[1]
Website knjaz.co.rs

Knjaz Miloš (Serbian Cyrillic: Књаз Милош, [kɲâːz mîlɔʃ]) (full name: Knjaz Miloš a.d. Aranđelovac) is a carbonated mineral water producer and distributor based in Aranđelovac, Serbia.

In addition to its centerpiece Knjaz Miloš carbonated mineral water, the company also produces a line of Golf fruit juices and soft drinks, Aqua Viva spring water, Aqua Una mountain water, and Guarana energy drink.

History[edit]

Knjaz Miloš was founded in 1811, while it operates in the current form since 2000.

After much legal wrangling, and several highly publicized competing takeover bids, Knjaz Miloš a.d. majority stake (58%) was bought in 2004 by FPP Balkan Ltd. consortium.[1] The takeover was done in stages: in September 2004, FPP Balkan Limited investment fund, part of London-based FPP Group, bought through takeover bid a 25% stake at RSD17,200 per share. In December 2004 it launched another takeover bid and bought another 33% for RSD23,000 per share, which made a total of 57 million investment for 58% of the equity.

In January 2005, FPP Balkan Ltd. added Salford Investment Fund as their partners.

In December 2006, Knjaz Miloš a.d. obtained an ISO 22000 certification for food safety, the first company to obtain this certification in Serbia.

Knjaz Miloš is imported in the United States by A.B Company, Inc., and Grand Prix Trading Corp.

References[edit]

  1. ^ a b c d e Подаци о обвезнику. Agencija za privredne registre Srbije (in Serbian). Retrieved 25 July 2014. 

External links[edit]