Soko Stark



Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

18 Oct 2006



PSD disclosed:

18 Sep 2006

Project Description

The proposed project consists of a long-term loan of EUR 10 million to Štark a.d., a leading Serbian confectionary company. The company is a member of Droga Kolinska group.

The proceeds of the loan will be used for financing of long-term restructuring and modernisation of Štark which will include

(i) upgrade and acquisition of production facilities

(ii) new packaging equipment and

(iii) strengthening of marketing and brand development activities.


Transition Impact

Successful corporate restructuring is the main objective of this project and since involving a well-known and recognised confectionary producer, the success of the project will have a strong demonstration effect in the country. Through increased profitability and improved product portfolio the company will gain additional strength to expand on the market and set new boundaries for its competitors. The project is also expected to serve as an example for other companies in the region considering expansion in the neighbouring markets.

The Client

Štark a.d. is a joint stock company incorporated in Serbia. The Company’s main product groups are

(i) salty snacks

(ii) biscuits/flour based products and

(iii) chocolate products.

EBRD Finance

EUR 10 million long-term loan.

Project Cost

EUR 26.5 million.

Environmental Impact

The proposed project is categorised as B/1.

As result an environmental audit is currently underway and will be reflected in an environmental action plan to be agreed between the Company and the Bank. As with all Bank investments, Stark will be required to comply with national and applicable EU standards for environment, health and safety and with national labour laws.

Technical Cooperation


Company Contact

Mitar Jovic, director , Štark A.D Belgrade

Tel: +381 11 3978-202



Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Share this page: