The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Beverages 11.02 - Manufacture of wine from grape
100 jobs Number of planned job creations
Announcement Date
3 November 2022
Employment effect (start)
1 February 2023
Foreseen end date
31 May 2023
Description
Agriculture producer Osilovac from Croatia is planning to invest €35 million in the development of a new winery in the town of Fericanci, near the City of Nasice which will create up to 100 jobs. The expansion is a continuation of high quality work and the strategic direction of the company to produce the best wines in the world. Osilovac's strategic expansion includes the enlargement of the winery and a plan to build a hotel for devotees of excellent wines. The company hopes to attract guests and develop tourism offer which could contribute to the retention of local population which is migration to the capital Zagreb and abroad.
Eurofound (2022), Osilovac, Business expansion in Croatia, factsheet number 107701, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107701.
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