Sarajevo dairy plant Milkos was founded in 1953 and it is the oldest producer of milk and dairy products in Bosnia and Herzegovina (B&H). The dairy was built as a donation of UNICEF in order to help the children of Sarajevo in the post-war days during the reconstruction of the country. It was established as an independent company, and then it was part of IPK Sarajevo, and for many years a member of the international UPI Sarajevo.
In September 2004 the company Teloptic Ltd. Sarajevo has acquired the shares of Milkos that were owned by the state and thus became the majority owner of the dairy Milkos. By signing the contract Teloptic took the obligation to fulfill all existing obligations towards suppliers, creditors and employees. It also pledged to keep the registered activity, to maintain the existing 85 and hire another 78 workers, and that in the next three years makes additional financial investment. By decision of Milkos management, diary is moved from Pofalići to the industrial zone in Hadžići where is built a completely new building structure, installed brand new equipment and employed additional young professional staff.