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Original scientific paper
Profitability and business excellence analysis of dairy industry in Serbia
Saša Muminović
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.org/0000-0002-2228-7095
Dušan Joksimović
| Fulltext: english, pdf (803 KB) | pages 207-218 | cite | |
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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 4 Mar. 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 04 March 2021) Vancouver Muminović S, Pavlović V, Joksimović D. Profitability and business excellence analysis of dairy industry in Serbia. Mljekarstvo [Internet]. 2012 [cited 2021 March 04];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: 04 March 2021] |
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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
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