Swisslion Group traces its origins from the Takovo, founded in 1962 in Gornji Milanovac and Swisslion itself was founded in 1991. Takovo was state-owned during SFR Yugoslavia and one of the country's biggest industrial companies. Swisslion and Takovo merged in 2004 under the name of Swisslion Takovo, following Swisslion’s acquisition of Takovo through a public tender. Since then, Swisslion Takovo's main factories in Serbia are located in Vršac and Gornji Milanovac. The factory in Vršac primarily produces confectionery. Facilities in Gornji Milanovac spanning on over 30,000 square meters, produce ready-made meals, pasta, soups and fruit juices. ;2008–2012 In 2008, Swisslion Group acquired the Croatian Euro Food Markt company based in Sisak, in order to reinforce its position in the Croatian market. The deal was reported to be worth €20 million. On 18 January 2010, it was reported that a new confectionery factory in Trebinje worth €18 million had been inaugurated. Late in 2010, local media reported that further investment in the factory was planned. In early 2011, Swisslion Takovo announced that it was investing 5 million euros in new production lines for confectionery products in its factory in Trebinje. ;2012–2017 In North Macedonia, production sites are located in Resen and Skopje. In March 2012, Swisslion Takovo announced that it had opened a new production unit in the town of Resen. In 2012, local media reported that the production of "Jaffa cakes" would be moved from Swisslion's factory in Sisak to its factory in Trebinje. Swisslion Takovo confirmed that it would be shifting the production of "Jaffa" cakes to Trebinje but that it would not be leaving Croatia as its factory in Sisak would continue production of other product. ;2017–present In February 2017, Swisslion Group bought wine company "Vršački vinogadi" for a sum of 4.6 million euros. In March 2017, Swisslion Group made a decision to donate "Swisslion industrija alata" company to the Government of Republika Srpska, due to accumulated tax debts. Since then, the ownership of the company remained unclear due to dispute between the company and the Government of Republika Srpska.
Subsidiaries
This is a list of the Swisslion Group subsidiaries, Serbia :
Takovo d.o.o. Gornji Milanovac
Swisslion Miloduh a.d. Kragujevac
Kondivik Usluge d.o.o. Vršac
Swisslion d.o.o. Beograd
Banat 1894 d.o.o. Vršac
Vršački vinogradi d.o.o. Vršac
Also, other subsidiaries of the Swisslion Group are:
Prehrambena industrija Swisslion d.o.o. Skopje, North Macedonia
Swisslion Mak d.o.o. Skopje, North Macedonia
Swisslion Agroplod d.o.o. Resen, North Macedonia
Swisslion Agrar d.o.o. Resen, North Macedonia
Swisslion d.o.o. Prehrambena industrija Trebinje, Bosnia and Herzegovina