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Serbian consortium takes over Fabrika Hartije

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Published in issue 35/2008
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A consortium of three KappaStar Group companies has acquired a state-owned majority stake of 83.9% in Serbian paper manufacturer Fabrika Hartije a.d., Belgrade. The transaction value was quoted at €1.75m. The consortium, which includes board manufacturer Fabrika Kartona UMKA a.d., packaging company Avala-Ada a.d., ...

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