Following recent media reports from both Serbia and Croatia, owner of the Croatian confectionery and chocolate company Kras d.d (ZGSE:KRAS), meat company MI Braca Pivac, has denied its plans to sell Kras to the Serbian businessman Nebojsa Saranovic and his company Kappa Star Limited. Information has been confirmed by the President and co-owner of MI Braca Pivac, Ivica Pivac.