As part of its strategic plans for the expansion of its operations abroad and in particular in the Balkan States, Mitsides completed the acquisition of 45,57% share holding of Serbian company Zitopromet Bratstvo A.D. in December 2005. Zitopromet is based in Sremska Mitrovica, within the Vojvodina granary, and deals with the production of flour, pasta and bakery products, as well as the trading of grains. The company already owns a fresh pasta plant, two flour mills of a total capacity of 230 metric tons per day, a bakery plant and 7 bakery sales outlets. In June 2005, Zitopromet started the construction of a new, modern dry pasta plant, of a total capacity of 2,000 kg/hour, in its headquarters in Sremska Mitrovica. The first phase, which involves an automatic short-pasta line of a 1,000 kg/hour capacity, is already in operation, while the second and final phase, involving an automated long-pasta line of an additional 1,000 kg/hour capacity within 2007.