Belgrade-based paper manufacturer Avala Ada was established in 1946. It produces cardboard packing and transportation products. Its client portfolio includes companies active in the food, confectionery, pharmaceutical, chemical, tobacco and beverages industries.
In December 2003, Cyprus-based Kappa Star Limited acquired a 50.00016% stake in Avala Ada. As of end-2010 the foreign investor held a 53.4% share (Jaffa A.D. Crvenka held 27.88%) and in 2011 it raised its stake to 100% and Avala Ada was delisted from the local stock exchange.
Headquarters
Put Za Ada Huju 9
Beograd-Palilula; Beograd-Palilula;
Postal Code: 11101
Contact Details: Purchase the Smurfit Kappa Avala A.D.a D.O.O. report to view the information.
Website: http://www.avalaada.co.rs
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