One of Croatia’s Biggest Companies Opens New Energy Bar Factory in Nova Gradiška
- by croatiaweek
- in Business
One of Croatia’s largest companies have opened a brand new factory in the eastern town of Nova Gradiška on Monday…
Atlantic Grupa, who are one of the largest regional food industries with well-known brands such as Argeta and Cedevita, opened a new 100 million HRK factory for the production of energy bars, from the sports and functional food line today. A total of 160 jobs are expected to be created with the opening of the factory, which was attended by Croatia’s Prime Minister Zoran Milanović on Monday.
“We are extremely proud of the fact that the factory was built in just ten months, for which we extend our gratitude to our employees and partners for their hard work. This project is an example of efficient investment in Croatia, where we had great support from both the local community and government institutions, as well as financial partners, first and foremost from the European Bank for Reconstruction and Development,” said Atlantic Grupa CEO Emil Tedeschi.
Through their brand Multipower, Atlantic Grupa are one of Europe’s leading sports nutrition producers, This investment will help consolidate their production capacity. 99% of the sports bars produced in the factory will be exported to Western European markets.
“This factory is a confirmation of the attractiveness of Nova Gradiška Industrial Park as one of the most competitive investment destinations in Croatia, as well as the complete dedication of the City to create optimal conditions for the development of the local economy. Our mission is to provide high-quality infrastructure at a first-class location along the international highway, low property costs, and a competitive package of local incentives and subsidies, bearing in mind the needs of investors for maximum efficiency. We are pleased that Atlantic Grupa has acknowledged these benefits and built an impressive facility in Nova Gradiška where our citizens will find jobs, while an additional number will be hired through subcontractors and for work on infrastructure. We continue to record new investor interest and look forward to further developments in our region”, stated Nova Gradiška Mayor, Željko Bigović. (photo / Atlantic Grupa)