Croatia · Consumer Non-Cyc.
Podravka
Podravka Group’s portfolio includes Vegeta, Dolcela, Lino, Žito, Neofen and Belje among its brands.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
From Koprivnica pantry brands to factories, fields and pharmacies
Podravka is a Croatian group with three linked but distinct businesses: branded food, Belupo pharmaceuticals and Podravka Agri. Its shelves stretch from Vegeta seasoning, Čokolino cereal and Lino Lada spreads to Eva fish products; behind them sit factories, pharmaceutical production, farms and a wide distribution network. A 1947 Koprivnica food business has become an international platform whose strategy through 2030 still places brands, production capacity and domestic raw materials at the centre.
Across the pantry
Seasoning, cereal, spreads and fish serve different eating occasions
Vegeta began in 1959 as a dried-vegetable-and-spice seasoning and now extends into Natur, BIO, paste and liquid formats. Čokolino is a cereal meal with Plus and Fit variants; Lino Lada runs from Duo to Milk, Coconut and Gold spreads. Eva adds canned and frozen fish, pâtés and ready-to-eat salads. This is a portfolio organised by eating occasion, not one flagship alone.
- Open the Vegeta range Original, Natur, BIO, paste and liquid seasoning formats
- Meet Čokolino The cereal line and its Plus and Fit variants
- Compare Lino Lada spreads Duo, Milk, Coconut and Gold recipes in the official range
- Browse Eva fish products Canned and frozen fish, pâtés and prepared salads
Factory and logistics system
New lines and a logistics-distribution centre changed the industrial backbone
Podravka's completed investment cycle put nearly €250 million into a pasta factory, tomato-processing plant, 11 production lines, 15 packaging lines, a solar plant and a logistics-distribution centre. The factory gallery adds Kalnik fruit-and-vegetable production and Žito's Maribor bakery; employee profiles describe an automated, robotised Vegeta, Soups and Pasta Factory. Factory-level BRC, HACCP, halal and kosher certificates sit behind those assets.
- See the completed investment cycle New plants, production lines, solar power and logistics
- View the production sites Official factory images from Koprivnica, Varaždin and Maribor
- Read from the factory floor Automation, robotisation and energy projects in employee profiles
- Check factory certificates Named plants and their food-safety or market certifications
Three business pillars
The operating map now runs from fields to pharmacy shelves
Food now sits beside Belupo pharmaceuticals and Podravka Agri. Belupo develops, produces and sells prescription, over-the-counter and dermatological products. Agriculture pages identify Belje, PIK Vinkovci and Vupik; Belje's operations span arable and seed production, animal feed, pig and cattle farms, dairies, cured meats, vineyards and a winery. The group therefore reaches from raw-material production to retailer and pharmacy shelves.
- See the three-pillar group Food, Pharmaceuticals and Agriculture in the FY2025 review
- Inside Belupo Prescription, over-the-counter and dermatological products
- Map the agriculture segment Belje, PIK Vinkovci and Vupik within Podravka Agri
- Explore Belje's operations Crops, livestock, feed, dairy, cured meats and wine
From Koprivnica outward
A fruit workshop became a five-continent export system
Podravka traces its origin to the Wolf brothers' Koprivnica fruit-and-jam workshop, which became Podravka in 1947. Soups followed in 1957, Vegeta in 1959 and exports first to Hungary and Russia. The group now reports markets in more than 60 countries; nearly 70% of 2024 food revenue came from international markets. Its 2030 strategy targets further brand expansion in Germany, Austria, Switzerland, the USA and Australia.
- Trace the company history The 1947 workshop, early products and first export markets
- Open the market map The issuer's current country footprint across five continents
- Read the 2024 export picture International food revenue and growth markets
- Follow the strategy through 2030 Priority brands, markets, capacity and domestic raw materials
Official profile sources: History | Podravka · About us | Podravka
Current 2026 update
What has changed in 2026?
H1 2026 · 23 July 2026
Operating revenues
H1 operating revenues were EUR 520.7 million, 1.7% above the 2025 pro-forma base.
Normalised EBITDA
Normalised EBITDA decreased 1.0% to EUR 89.6 million against the 2025 pro-forma base.
Profit
Normalised net profit after minority interests slipped 0.5% to EUR 41.1 million.
Agri normalised EBITDA
Agri normalised EBITDA fell by EUR 2.7 million, or 10.7%, from EUR 25.1 million to EUR 22.5 million; lower pig and milk prices were cited as headwinds.
Official 2026 sources: Podravka Group business results for 1 – 6 2026 period – unaudited · 23 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 61 | +56% | +176% | +91% |