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MarketsReportedMedium
4.9

Fortenova slashes portfolio from 158 to under 40 firms, exits production and tourism

Fortenova CEO Fabris Peruško disclosed that the group sold all production and tourist companies, reducing its portfolio from 158 to fewer than 40 entities and pivoting to trade. This marks a strategic divestment from non-core assets, likely to streamline operations and reduce debt. The move signals a significant restructuring of one of the largest regional conglomerates, with implications for the Croatian and broader Southeast European business landscape.

Poslovni Dnevnik2 days agoHR, PECredibility 19%View source

Score Breakdown

Mosaic Score4.9
Model confidence0.5
Significance0.5
Source credibility0.2
Source

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