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The First decade: 1955 – 1965

AD Mlekara was founded on March 4th,1955 under the name "Co – operative Dairy - Independent Business Organization ". A group of twenty people with a few milk cans and a horse and carriage, had an ambitions task to supply the people of Subotica with milk and other dairy products. At that time Ad Mlekara only had one steam boiler and one facility for ice at its disposal. In the 1957 mlekara purchased its first used trucks, a batch pasteurizer with ribbed cooler and a separator pasteurizer, although pasteurized milk, fermented dairy drinks and cheese, were packed manually. At that time, the first chemical analyses of milk quality, regarding acidity analyses and the assessment of milk fat content were made. In May of 1959 "Co- operative Dairy" became "Mlekara" Subotica. The year 1963 is the first significant milestone in the existents and operations of Mlekara. Instead of milk cans, glass packaging for milk and yogurt were introduced. Many important agreements were signed with the Belgrade-based dairy and also with Sarajevo dairy. The cooperation with Sarajevo Dairy was marked by production growth from 10.000 liters to 30.000 liters of milk per day.

The Second decade: 1966 - 1975

In 1968 Mlekara is awarded with a Yugoslav Oscar for packaging, more precisely for plastic cup packaging for sour cream. New, so called “Dutch tanks” for the production of cheese were purchased. On March 23rd, 1972 Mlekara had moved to a new location. It meant better working conditions and a significant increase in the number of employees involving their better qualification structure. The period of 1966 and onwards is the age of modernization. Mlekara was equipped with a roller-type milk drying installation. New vehicles were bought, as well as a fuel oil driven steam boiler and a number of milk cooling devices. In 1975, a new, 100.000 liters per day capacity spray drier was put into operation. At that time, the production program of Mlekara Subotica constitutes of: Sonja pasteurized milk, fermented milk drinks, cheeses, butter and powder milk.

The Third Decade: 1976 - 1985

In 1978.Mlekara purchased a combined installation and another spray drier for processing milk, fruit and vegetables, thus ensuring safety in supplying final consumers with dairy product, as well as its buyers - companies from the confectionery industry and bakeries, as well as fodder producers. The development of the new powder milk production facility was finished. Another roller was bought for drying milk for powder milk, as well as a two-stage evaporation plant, a compressor, then a new "freezing” water line, a brand new vehicles and a whole range of minor investments was implemented. In 1985 Mlekara celebrated three decades of successful and continuous growth of operations. The company processed over 56 million raw milk and other dairy products, and had 265 employees. On the milky way of growth, Mlekara Subotica had grown into one of the biggest in Vojvodina, at the same time occupying a significant market share in the processing industry group on the level of the SFR of Yugoslavia.

The Forth Decade: 1986 - 1995

The period between 1986 and 1995 was marked by the building of the cheese plant, where quark and soft white cheese were produced. Mlekara Subotica introduced the technology of creamy cheese spreads. The production of instant powder products started in 1989. Mlekara Subotica had found its market niche by conquering Belgrade! Mlekara Subotica opened a representative office and a shop in Belgrade, and started the cooperation with C Market. At the same time, another representative office and a shop where opened in Cuprija together with the company Pomoravlje, as well as the company’s own branch office and shop in Nis. Major investments in new machines “tetra rex” and “elopak”, provided eco-friendly paper packaging of short shelf-life liquid products. The investment in the Aseptic A3 sterilizing line, in the amount of about 2 million Swiss Francs enabled tetra-pak packaging of aseptic milk, chocolate milk and juices, and it provided a more serious presence in the center of former Yugoslavia, since product shelf-life was prolonged. Significant funds were invested in primary production. In this period, about 1.800 calf heifers, 400 milking machines and about 100 cooling devices were purchased. In the year 1995 melakra welcomes the forth decade completely solvent and free from any debt, with investments financed solely from the company’s own funds. During the 1990s, when Serbian economy was faced with a large – scale economic crisis, Mlekara had always successfully met market demands.

The Fifth decade: 1996 - 2005

The activities of Mlekara were categorized by the trend of growth in the field of raw milk receptions and in technical –technological and marketing areas. From a simple co – operative dairy Mlekara has successfully managed to develop into a factory, which can today bee measured by the European standards. Mlekara Subotica had processed more than 1.3 billion liters of milk. The quantities processed today are one hundred times more than at the very beginning! During 2003, the full automation of the fermented dairy product plant was finished, and it consisted of new equipment for milk standardization, milk and fermented cream pasteurization and homogenization, fermented dairy product production (yogurt, fermented milk, fermented cream, new probiotic and low-calorie drinks). Together with the British Salford Investment Fund, which is the majority owner of Mlekara from November 2003, the investments into new technologies were continued. In the same year, the buy-up of about 60 million liters of milk were planned, hence the emphasis was given to the development of family farms. At present, there are 72 family farms owned by Mlekara, and by the end of the year another 30 farms will be developed, where milk production can be measured by European standards. These efforts will ensure extra quality raw milk. The laboratory equipped for microbiological and chemical control and for the control of the cows’ health safety has started to work recently. This lab is an additional link in the chain of internal quality control. In 2005, Mlekara was certificated to ISO 9001:2000. The HACCP system for controlled production has also been introduced in the company, and it will enable export to EU countries and the countries of the region.

The sixth decade: 2006 –

The implementation of the quality management standard initiated several strategically significant technical-technological and constructional investments, where of the most important are the following:
- Reception and storing of raw milk
- Pasteurization and storage of pasteurized milk
- A complete plant for fermented dairy product production
- Ultraclean machines for filling and packaging pasteurized milk and fermented dairy products
- Aseptic equipment for filling and packaging sterilized products
- Technological line for the ultrafiltration and filling of feta cheese
- Automatic cleaning systems for the technological equipment, CIP
- Premises for the operators wardrobes and catering
- Traffic roads within the dairy
- Fences and video surveillance of the whole dairy
- Business information system
- Technological line for filling and packaging consumer products in PET package
- Raw water treatment
- Trucks for raw milk transport with thermally insulated tanks and automatic sampling
- Truck for the distribution of final products with thermally insulated chambers and devices for keeping temperature below +8°C.
- Wastewater treatment plant was built and put into operation

In the year 2008, the application area of BRC Standard was extended to the full production range, while in the year 2009 HALAL standard has also been implemented which defines the conditions for food producers aiming to export in the countries with mostly Muslim population. Thanks to the intensive joint work with the Veterinary Administration, the positive assessment by the European Commission came in September 2010, and on November 11th, 2010 Mlekara Subotica was on the list. The Commission’s decision is a confirmation of quality and the safety of products, which results in a 30 million euro investment of Danube Foods Group in all aspects of business since it became the majority owner in 2003. In the year 2010 Mlekara adapted and improved its operations according to modern concepts of environmental protection and introduced the environmental management system ISO 14001:2004. More importantly is that the entire system of production and business was brought to the required level when the control of the EU commission was announced in the first quarter of 2010, thus confirming the decision of the Veterinary Inspection of Serbia which approved the export of products of Mlekara to the EU which can be seen on this link https://webgate.ec.europa.eu/sanco/traces/output/MMP_RS_en.pdf
The year 2011 has brought another standard to Mlekara, IFS V5 which should improve food safety and product quality, as well as increase security and confidence of consumers and among all improve cost efficiency in the food chain.


Statements

Under Article 5 of the Regulations on the contents and method of reporting by public companies and providing information on possessing shares with rights of voting (RS Official Gazette no. 100/06 and 116/06).

Excerpt from the consolidated financial statements.
Excerpt from the financial statements.
Excerpt from the financial statements for 2008.
The consolidated financial report for 2008
Statement on operations I 2008
Business report for the year 2008
Report on significant events
Convening shareholder’s assembly 2009
Statement on operations 2009
Annual business report
Report on significant events
Public invitation and offer for shares buyback
Statement on operations II 2009
Excerpt from the financial statements – 2009
Excerpt from the consolidated financial statements – 2009
Statement on operations I 2010
Convening shareholder’s assembly 2010
Reports on significant events 2010
Statement on operations II 2010
Annual business report - 2010
Excerpt for the financial statements – 2010
Excerpt from the consolidated financial statements – 2010
Statement on operations I 2011
Convening shareholder’s assembly 2009
Reports on significant events 2011
Statement on operations II 2011
Scheduling an extraordinary assembly 2012
Report of the acquisition of own shares
Statement in the emergency assembly 2012

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