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Original scientific paper

Profitability and business excellence analysis of dairy industry in Serbia

Saša Muminović   ORCID icon orcid.org/0000-0002-6850-1595 ; Julon, d.d., Ljubljana, Slovenia, Member of the Aquafil Group, Letališka cesta 15, 1000 Ljubljana, Slovenia
Vladan Pavlović   ORCID icon orcid.org/0000-0002-2228-7095
Dušan Joksimović

Fulltext: english, pdf (803 KB) pages 207-218 downloads: 1.275* cite
APA 6th Edition
Muminović, S., Pavlović, V. & Joksimović, D. (2012). Profitability and business excellence analysis of dairy industry in Serbia. Mljekarstvo, 62 (3), 207-218. Retrieved from https://hrcak.srce.hr/86917
MLA 8th Edition
Muminović, Saša, et al. "Profitability and business excellence analysis of dairy industry in Serbia." Mljekarstvo, vol. 62, no. 3, 2012, pp. 207-218. https://hrcak.srce.hr/86917. Accessed 20 Apr. 2021.
Chicago 17th Edition
Muminović, Saša, Vladan Pavlović and Dušan Joksimović. "Profitability and business excellence analysis of dairy industry in Serbia." Mljekarstvo 62, no. 3 (2012): 207-218. https://hrcak.srce.hr/86917
Harvard
Muminović, S., Pavlović, V., and Joksimović, D. (2012). 'Profitability and business excellence analysis of dairy industry in Serbia', Mljekarstvo, 62(3), pp. 207-218. Available at: https://hrcak.srce.hr/86917 (Accessed 20 April 2021)
Vancouver
Muminović S, Pavlović V, Joksimović D. Profitability and business excellence analysis of dairy industry in Serbia. Mljekarstvo [Internet]. 2012 [cited 2021 April 20];62(3):207-218. Available from: https://hrcak.srce.hr/86917
IEEE
S. Muminović, V. Pavlović and D. Joksimović, "Profitability and business excellence analysis of dairy industry in Serbia", Mljekarstvo, vol.62, no. 3, pp. 207-218, 2012. [Online]. Available: https://hrcak.srce.hr/86917. [Accessed: 20 April 2021]

Abstracts
In this paper, sixteen Serbian dairy companies representing the Serbian dairy industry were analysed using the BEX model in period 2007-2009. The results were compared to selected companies which represent the Serbian market through BELEX15 and BELEXline indices, indices of the Belgrade Stock Exchange. Research shows that the dairy industry is more profitable than the market average represented by the indices of Belgrade Stock Exchange. The profitability of dairies was analyzed from the sales structure and distribution channels point of view. This paper shows that, according to selected Business Excellence Model, dairy industry in Serbia was, and still is, in better shape than Serbian market in general, which makes it interesting not only for domestic, but also for foreign investors. Despite the crisis and lack of organisation in raw milk buyout, improvements in core-business have been made.

Keywords
dairy industry; business excellence; BEX index; profitability analysis

Hrčak ID: 86917

URI
https://hrcak.srce.hr/86917

[croatian]

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