CO-FINANCED BY THE EUROPEAN UNION
European Agricultural Fund for Rural Development
RURAL DEVELOPMENT PROGRAMME 2014-2020.
European Agricultural Fund for Rural Development: Europe invests in rural areas
Project name: "Investment project in furnishing the dairy"
Total project value: 1.367.579,20 kn
EU co-financing: 683,789,50 kn
Share in co-financed part: 85% EU, 15% Republic of Croatia
Project objectives and results
Investing in physical assets or investing in new equipment will allow for the expansion of production and the introduction of new types of dairy products. The introduction of a new product into the market will lead to an increase in revenues and will therefore enable the competitiveness of the market to be strengthened. Sales revenue is expected to increase. The investment in modernising production will enable faster production, which will lead to an increase in production itself but also better quality of products. The purchase of new equipment enables investment in new technologies in production in order to strengthen competitiveness in the market.
Project Description
With this project, Euro-Milk d.o.o. embarks on a new long-planned investment cycle. The project has acquired a new filler of twice the capacity with the possibility of filling products in cups of 70,150,180,200 ml. Procurement will enable the introduction of new products and open up opportunities for new employment.
