Atlantic Grupa is investing EUR 50 mil. in the construction a factory near Varaždin

23 March 2021

Atlantic Grupa is investing EUR 50 million in the construction of a new Argeta factory near Varaždin, in the Kneginec business zone in Croatia, and up to 150 new employees will find work in a modern production plant with the highest technological standards.

The investment began with the purchase of 41,000 sqm of construction land in the Kneginec business zone and will take place over several phases, and the new production plant is scheduled to be commissioned within 15 months of obtaining a building permit.

The new production plant will be based on the highest standards in the food industry and the highest principles in environmental protection. The Kneginec business zone was chosen for the construction of a new factory based on a number of criteria such as geographical location, transport connections and developed infrastructure, availability of skilled labor, but also the application of benefits for a group of production activities.

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