Home » Business » 200 Million USD Investment for Pliva

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

Share on:
0 / 5 (0 votes)

Sign up to receive the Croatia Week Newsletter

Related Posts

More Croatian Products on Qatar Shelves after Deal Signed

More and more Croatian products will be finding their way into the kitchens in homes in Qatar after Podravka sign a strong new partnership agreement. Products like Vegeta and Čokolino, as well as others in Podravka’s range, will now be more accessible in Qatar after a deal between the Croatian company and Arabian Supplies, who...

New Zagreb Airport Guide

Tomorrow, on 28 March 2017, the brand new Franjo Tuđman International Airport in Zagreb opens to the public. The new €313m terminal, which had its opening for shareholders and guests last week, has taken three years to build and spans 65,000 square meters on four levels. It will finally be open for traffic tomorrow. As...

Croatian Juice Expanding into China

Owners of the Croatian fruit juice brand Juicy have presented their range at one of the biggest and most influential food & hospitality fairs in Asia. Stanić Beverages Hrvatska presented their Juicy products at the SIAL China Fair in Shanghai, which was attended by thousands of potential partners, buyers, and distributors from over 70 countries...

Uber Purchase Speedboats Ahead of UberBOAT Launch on Croatian Coast

Uber have started to purchase speedboats in anticipation for launching their UberBOAT service on Croatia’s Dalmatian coast this summer. Speaking to journalists today, Uber General Manager for Southeast Europe, Davor Tremac, says that the plan is for UberBOAT to launch in June in all destinations where there is interest, before expanding to along the coast....

First Smart Public Pay Phone in Croatia is Placed in Zadar

The first smart pay phone in Croatia has been presented in the city of Zadar on the Dalmatian coast on Tuesday. Apart from phone calls, the smart pay phone booths will offer locals and tourists a range of different services, including Wi-Fi access, local information, and the ability to buy phone credit and parking and...

[PHOTOS] New One Suite Hotel Opening in Dubrovnik in Summer

A new hotel is set to open near Dubrovnik this summer. One Suite Hotel, which will open its doors in June 2017, is located in Srebreno, half way between the Old City of Dubrovnik and Dubrovnik Airport in Čilipi. Architect and urban planning studio 3LHD Architects are behind the new development in Srebreno. “The building...