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200 Million USD Investment for Pliva

The largest pharmaceutical company in Southern Europe, and Croatia’s third largest exporter, Pliva is about to conduct one of the largest investment cycles in its history worth more than 200 million USD, writes website business.hr.

Investments include the construction of a new plant for the production of active pharmaceutical ingredients and equipment for waste water treatment and gas processing in Savski Marof and also for the expansion of existing production in Zagreb. Completion is planned by the end of 2013.

The total investment of 200 million USD is expected to come from Pliva’s own resources, with more than 80 percent of the production from the new facility intended for export, said the President of the Board Tihomir Oreskovic.Pliva expects the new investment to open more than 200 new jobs

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