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Nelt Announces Turnover Growth of 28.5% in 2016

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Nelt Group Announces Executive Appointments

Nelt Group has introduced significant organisational changes to bolster its business strategy "Accelerate 2025," appointing Goran Cerovina as Executive...

After three years of combined operations of all companies within the organisational system of Nelt Group, significant results have been recorded.

The turnover in 2015 reached EUR702mn, and due to its organic growth, contracts with new principals and clients and the launch of new business activities in 2015, Nelt Group increased the workforce by 250 and expects the revenue growth of 28.5 per cent by the end of the year. Today, 12 companies within Nelt Group employ nearly 4000 people in 7 markets, ranking the Group among the most successful domestic business systems.

Nelt is the leader in providing top-class services in the area of distribution, logistics, production and trade marketing. New partnerships with “Bambi” in Bosnia and Herzegovina and with “Hipp” in Macedonia, new distribution centres in Bijeljina, Podgorica and Luanda and cooperation with “Lactalis“ Group in the area of logistics services, have had a positive impact of the company’s revenue and reputation.

In order to best respond to consumer needs, it acquired Tako Lako Shop webshop last year and turned it into the largest online sales platform in the country. In accordance with global CSR standards, Nelt has joined the UN Global Compact and published the first „Distribution with care” Sustainability Report.

“By applying new technologies in all areas of our business activities and responding professionally to the needs of our clients and principals, we have become a successful and reputable business system. Our commitment and dedication are the best recommendations for new and continuation of the existing partnerships. Our values are also indicators of the positive mentality of our employees, who are the crucial factor in our success,” said Miloš Jelić, CEO of Nelt Group.

Better positioning in the market of logistics services, geographic expansion and further investments in business development is the strategic objectives through which Nelt Group aims to ensure reliable operations in the future. The company strives to maintain stability through organic growth, continue to invest in development and personnel education, expand portfolios, production and service capacities of all companies in the system and contribute to the improvement of the local communities where it operates.

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