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Croatian chocolate company booms on stock market

By  Jan 11, 2016

The leading shares on the Croatian stock exchange for 2015 were the chocolate producers “Kras.” Throughout last year the shares in the chocolate giant Kras rose by an incredible 35 percent! Possibly fuelled by the launch of many new products as well as the break-through into other foreign markets Kras was by far and away the most successful company on the stock exchange.

The second most profitable stocks was the hotel and tourism chain “Valamar Riviera” whose share value rose by a healthy 21 percent in 2015. Valamar Riviera owns and operates hotels all along the Croatian Adriatic coastline including five hotels in Dubrovnik.

In third place on the rich list was another food producer “Podravka” whose stock price rose by 13.8 percent last year. Podravka produces the most popular Croatian food seasoning “Vegeta” and sells its products into forty countries worldwide. In the first nine months of 2015 Podravka saw profits rise by 60 percent and recorded a net profit of 131 million Kuna over that period.