- Business
- Kri-Kri Milk Industry S.A. (KRI.AT) is a Greece-based dairy company principally engaged in the production and trade of ice cream, yogurt, milk and related products. Founded in 1954 and headquartered at the 3rd km National Road of Serres-Drama in Serres, Greece, the company manufactures a wide range of ice creams including cones such as Rodeo Grand Vanilla, Master ION Stracciatella and Kids Bubble Cone; sticks like Master ION Milk Chocolate, Master Rich Salted Caramel and Alien II; cups encompassing Master Rich Cookies & Cream, Super Spoon Chocolate Hype and Greek Frozen Yogurt varieties; sandwiches including Master Sandwich and Kassato; family packs such as Heartmade 1.5Lt Stracciatella and 3Lt multipacks; plus catering options, sorbets, ice lollies and gluten-free selections; yogurts comprising strained 2-5% cow's varieties, plain Spitiko 2-5%, fruit-flavored options like strawberry and peach, functional Super Spoon High Protein lines, lactose-free cow's yogurt, infant desserts under Kri Kri Babies and Grow brands, kids' licensed products with Peppa Pig and PJ Masks, traditional goat's, cow's and sheep's yogurts, plus catering strained 10%; milks including full-fat and light white milk from Serres, ChocoLatte chocolate milk and Ayrian; and other items such as cream cheese. Kri-Kri distributes its products through supermarket chains and small points of sale nationwide in Greece, with exports to over 40 countries spanning the European Union, Balkans, Middle East and other international markets, representing significant revenue shares from dairy-yogurt and ice cream abroad. Recent developments include robust yogurt export growth of nearly 40% year-on-year in markets like the UK and Italy, a 23.7% overall revenue increase to surpass EUR300 million projections, the Greek Yogurt Dynamo investment to double yogurt production capacity, domestic ice cream sales up 6% from network expansion and new product launches, issuance of a EUR3.7 million three-year unsecured bond in October 2025, and an ongoing share buyback program with acquisitions of own shares including 178 on November 12, 2025, 702 on November 22, 2025, and 3,000 on October 17, 2025.