Higher prices of milk and dairy products from November 20

- The price of Imlek's long-lasting milk will be increased by RSD 1.8 on November 20, while the prices of dairy products will grow by RSD 3.2 due to an increase in the purchase price of milk - the Belgrade-based dairy announced.

Imlek agreed with its suppliers on Thursday to increase the purchase price of its best-quality milk from 28.5 to 32 dinars per liter. The statement reads that that company will keep investing in modernization of the dairy business in accordance with the standards of the European Union.

Imlek, which is owned by Salford investment fund, has invested 50 million euros in the primary production of milk to date.