Serbian products from soybean are conquering Asia and Africa

Sojaprotein, one of the leading European refiners of genetically not modified soybean, exports its products in 53 countries world wide.

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With somewhat more than 30 European countries that are central market of the company that's doing business in the structure of the Victoria Group, in the past few years the marked has been expanded towards middle east and north Africa, and the export has been started in the countries of the far east, and even Mexico. For now, regular shipments are going to Jordan, Egypt, Tunisia, Morocco, South Korea, Philippines, Indonesia, Vietnam and other countries of Asian and African continent.

- We are exporting soybean product into 5 continents, which makes us one the the biggest non-GMO soybean refiners in the global level. On all markets it is a great challenge to meet the specific demands of the buyers, but also answer the urgent shipments. We are really one of the rare manufacturers in the world with the offer this wide, such is food and pharmaceutical industry, and food for the animals. Serbia has a long and successful tradition in manufacturing soybean, and with Ukraine and Italy it is one of the biggest manufacturers of this oiled based plant. That puts us into good position from the start, and the successful standing we owe to the fact that we refine only genetically not modified soybeans, and our product are certified according to the standards that claim that, such as IP NON-GMO and Dunav Soja - said Nikola Vujacic, executive director and director of operations in Victoria Group and added - Sojaprotein constantly receives new buyers from European and non European countries. Swiss Nestle and German Bayer are some of the well know names, but there are other world giants.

Foto: Tanjug/Jaroslav Pap

Sojaprotein pays over 90% of its expenses in Serbia, while in the structure of incomes over 60% comes from export. This volume of export allows Sojaprotein to be one of the biggest net exporters in Serbia, year after year. Expanding of Serbian companies in the foreign market and the growth of net export affects balance of payments and the employment of the domestic workers.

Victoria group, according to the data of the Ministry of Finance and Customs Bureau, is among the top 15 exporters of Serbia, and this result is even better with the fact that its companies Sojaprotein and Victoriaoil one of the single greatest net exporters in the top of the food sector. In the first four months of the year the Victoria Group has reached income in the foreign market of 48 million euros. 

Thanks to the successes of its company members in the foreign, but also, in domestic market, the executive board of Victoria Group expect that this year the business income will top the last year when there was 40% of business increase.

(Telegraf.co.uk)