Maraska Drink Factory Marks 200th Anniversary

Total Croatia News

Updated on:

Screenshot / CROPIX
Screenshot / CROPIX

The hosts informed the prime minister about the alcoholic beverage plant, where the extract of marasca cherry and walnut is stored in big barrels. Besides the Maraschino liqueur, Maraska is proud of the fact that it is one of the few companies producing the Orahovac liqueur in the old way, from green walnuts. 

“I’m pleased to see that a centuries-long tradition has been preserved and that production will continue in future. I’m confident that with the production of key brands, these traditional products will find their place on the domestic and foreign markets,” Plenković said.

He congratulated the Stanić Group, which recently bought Maraska, on the 20th anniversary of the alcoholic and soft drink factory. “It’s an excellent move for branding Zadar and Croatia, for contributing to investment from Bosnia and Herzegovina in Croatia and from Croatia in Bosnia and Herzegovina and, it seems, it’s a great signal for new investment which will advance production.”

“On behalf of the government, I welcome this investment in Zadar, which has had a great tourism season, which is quickly recovering after the COVID crisis,” Plenković said.

Stanić Beverages, a company owned by the Stanić Group, signed a contract on the purchase of Maraska with Saponia and Koestlin, members of the Mepas Group. Stanić Beverages now owns 98.25% of Maraska shares, having bought 45.3% from Koestlin and 52.90% from Saponia. It will also make a binding public offering for the rest of the stock after the completion of the transaction with Saponia and Koestlin.

For more about business in Croatia, follow TCN’s dedicated page.

 

Subscribe to our newsletter

the fields marked with * are required
Email: *
First name:
Last name:
Gender: Male Female
Country:
Birthday:
Please don't insert text in the box below!

Leave a Comment