Slovak Baguette Maker Posts Record Profit as New Ownership Links Emerge

Grotto, a Slovak food group known for producing baguettes and baked goods, has reported record profits following a change in ownership. A former business partner of Penta, one of Central Europe's largest private equity and investment groups, has emerged as a figure behind the company. Penta, headquartered in Bratislava, has extensive holdings across healthcare, finance, media, and retail in Slovakia and the broader region. The ownership change and the group's strong financial performance have drawn attention to the evolving corporate landscape in Slovakia's food industry.