AGRANA-STUDEN acquiesced Ormoz: STUDEN Group expanded its business in Slovenia

Date: 16.08.2017.

Ljubljana, 08.08.2017 – Due to strategic positioning within the European Union, as of this year AGRANA-STUDEN Group owns a packing and logistics center in Slovenia. With this acquisition the group has strengthened its position for an uninterrupted supply of sugar to European Union markets, the Western Balkans, but also the world market.

„AGRANA-STUDEN Group continues its business expansion and with the acquisition of Ormoz our distributing company AGRAGOLD Ljubljana is additionally supported with a new packing center as well as excellent silo and storage capacities. In this way our business Group has strengthened its position as a regional leader which is completed geographical and market terms, stated Mr. Ilija Studen, Board President of STUDEN Holding.

The STUDEN Holding has an international portfolio of agri-businesses covering the processing, trading, and distribution of agricultural commodities such as Sugar, Edible Oils, Oilseeds and Grains. As a part of a Holding which is responsible for trading, processing and distribution of sugar and sweeteners, AGRANA-STUDEN Group consists of operational joint ventures companies established by AGRANA Group and STUDEN Holding. STUDEN Holding operates in Bosnia and Herzegovina through its producing companies BIMAL, edible oil production, and STUDEN-AGRANA Sugar refinery which are located in Brcko.

STUDEN Holding operates on the Slovenian market for 23 years and supplies its industrial buyers and end consumers with edible oil and sugar of the highest quality through its distributing network and company AGRAGOLD from Ljubljana.