Nelt Group announced investments of 100 million euros – Achieved revenue of 1.4 billion euros in 2024

BELGRADE – More than 100 million euros in the next cycle will be invested in new logistics infrastructure and modern technologies in the markets of Serbia, Bosnia and Herzegovina, North Macedonia, Montenegro and Zambia, Nelt Group announced at the annual press conference.

They addressed the representatives of the media Darko Lukicgeneral manager of Nelt Group, Marko Cilicexecutive director for finance of Nelt Group, Sonja Todorovavice president for business of Nelt’s brands and Bojana Mucicexecutive director of human resources of the Nelt Group.



“This year at Nelt was marked by a successful CEO transition and organizational transformation of the Group, as well as the fact that we continued with accelerated revenue growth and launched business operations in the Romanian market. Nelt Group will generate revenue of 1.4 billion euros, which is an increase of 8% compared to last year.“, he emphasized Darko Lukić, general manager of Nelt Group.

THE BIGGEST INVESTMENT CYCLE IN THE HISTORY OF NELTA

The planned investment of 100 million euros, the largest in the company’s history, will be aimed at expanding existing capacities, redesign and optimization of the logistics network, and implementation of robotization and other automated solutions. Among other things, the goal is that through this investment, the central-distributive logistics center in Dobanovci with an intermodal terminal will be further profiled as a regional logistics hub, as well as to increase the regional efficiency of operations while respecting the adopted ESG standards.

ENTRY AND BUSINESS OPERATIONS IN THE MARKET OF ROMANIA

Nelt Corp is a new company of the Nelt Group on the Romanian market, with headquarters in Bucharest.

“The Romanian market, with 19 million inhabitants and a GDP of about 330 billion dollars, provides significant business opportunities for us. Given the level of development of the trade sector, Romania has emerged as an attractive destination for Nelta’s new business activities in the region. Improving sales of Nutrino and Nutrino Lab products is the primary goal, while the long-term plan is to expand the portfolio of brands in distribution and logistics services.“, said Marko Cilic, executive director for finance.

LEADERS IN THE BABY FOOD AND MEAT PROCESSED CATEGORIES

The Nelt brands, Fabrika dečie krona and Neoplanta, have strengthened their leadership position in the categories of children’s food and meat products in which we operate. Numerous innovations and new products led to a significant increase in market share (Baby food factory 37%, Neoplanta 14%). Also, an increase in the total revenues of both companies is recorded (Baby food factory +25%, Neoplanta +12%) compared to 2023.

UNICEF AND NELT – 1.3 MILLION DOLLARS TO STRENGTHEN EDUCATION SYSTEMS

This year, Nelt Group signed a strategic partnership with UNICEF, within which it will allocate 1.3 million US dollars in a period of three years, for strengthening the education systems in Serbia, North Macedonia, Bosnia and Herzegovina and Angola. This initiative will allow approx 30,000 studentsincluding 1,000 from the most vulnerable groups, acquire digital and green skills that are necessary for the 21st century labor market.

Nelt Group invested five million euros in salary increase in 2024as well as almost 1.4 million in benefits for employees, while over 600,000 euros were invested in the development and education of employees.

About Nelt Group:
Nelt Group is one of the most successful business systems in the Adria region in the field of logistics and distribution, and a brand manufacturer. As an international group, it employs more than 5,500 people in 14 companies, in 12 markets in Europe and Africa. The leadership position and successes achieved during 30 years of business are the result of constant investment in the education and development of employees, innovation and application of new technologies, and the inclusive and open corporate culture is the company’s trademark. For more information visit: www.nelt.com

Photo by Branimir Milovanović

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