Croatia’s Podravka 2011 Net Income Rises 44% on Sales Abroad

Podravka Prehrambena Industrija d.d., Croatia’s second-biggest food manufacturer, said net income rose 44 percent last year to 121 million kuna ($20 million).

Revenue grew 3 percent to 3.6 billion kuna, the Koprivnica, Croatia-based company said in a statement to the Zagreb stock exchange.