Type
Business expansion
Country
Croatia
Region
Hrvatska; Kontinentalna Hrvatska; Koprivničko-križevačka županija
Location of affected unit(s)
Krizevci
Sector
Utilities
Electricity, Gas, Steam And Air Conditioning Supply
Electricity, Gas, Steam And Air Conditioning Supply
35.1 - Electric power generation, transmission and distribution

100 jobs
Number of planned job creations
Job creation
Announcement Date
22 September 2016
Employment effect (start)
3 October 2016
Foreseen end date
3 April 2017

Description

Croatian company Energija Biotoplina has revealed plans to invest over HRK 260 million ( EUR 34.71 million) in the bio-gas power project in Krizevci. A total of HRK 93 million (EUR 12.41million) has already been invested in the two new bio-gas power plants, Organica Kalnik 1 and Orehovec, that were opened on 23 September 2016.

Full completion of the project is expected by May 2017, and which envisages completion of an additional four power plants. The project will create around 100 new jobs. Due to the location of bio-gas plants in underdeveloped rural areas of Koprivnica-Krizevci, Virovitica-Podravina and Osijek-Baranja County, this investment is of great importance for local employment possibilities and local development.


Sources

  • 22 September 2016: www.poslovni.hr

Citation

Eurofound (2016), Energija Biotoplina, Business expansion in Croatia, factsheet number 88727, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88727.