Croatia’s Podravka to invest in tomato processing
Podravka is spending €13m ($14.1m) on the project, which is expected to be completed this summer.
Croatian food group Podravka is to invest in increasing its processing capacity for tomatoes in its home market.
The company is building a new facility at its existing Kalnik site in Varaždin.
The Vegeta brand owner’s aim with the move is to increase its primary processing capacity for fresh tomatoes.
Podravka is spending €13m ($14.1m) on the project, which is expected to be completed this summer.
Podravka’s portfolio includes a variety of food brands such as Vegeta, Lino or Eva. It’s already present in tomato production with tinned pureed, peeled, chopped tomato and passata under the Podravka brand name.
In March last year, the two Croatia-based food majors Atlantic Grupa and Podravka, struck a deal to work together on improving their business in export markets.
The publicly-listed companies said their “mutual export support” would focus on the US and Austria.
Just Food
Related news
The snack tomato segment is also changing
Moroccan tomatoes are becoming an increasingly dominant player in the…
Read more >Croatia is expecting a record summer
The 2025 summer season promises unprecedented air traffic in Croatia,…
Read more >Action profit grows 29 %, announces Croatia and Slovenia expansion
Dutch non-food discounter Action has managed to raise its operational…
Read more >Related news
Easter long weekend: this is how store opening hours will be in 2025
Easter this year will bring significant changes to the opening…
Read more >Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >Róbert Zsigó: the average effect of margin stops is almost twenty percent
As a result of the introduction of the margin freeze,…
Read more >