Kofola Owner Says Europe Stagnating, Sees Potential in South America

The owner of Kofola, one of Central Europe's largest beverage companies, said Europe is experiencing economic stagnation while South America presents significant growth opportunities. Jannis Samaras explained that Czech beer, one of the company's product categories, is not yet widely established in South American markets, suggesting untapped potential for expansion. Kofola Group, originally known for its cola-flavored soft drink that became popular during the communist era, has expanded across Central and Eastern Europe and now operates as a major regional beverage producer with operations in several countries including Slovakia, Czech Republic, and Poland.