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Banking

Food group Agrokor opens new farm worth EUR 2mn.

Food group Agrokor opens new farm worth EUR 2mn. The food and trade group Agrokor opened a HRK 15mn (EUR 2mn) calf breeding farm near Ivanic Grad, close to Zagreb . The production from the farm is to reach 4,000 calves or 800 tonnes of livestock annually or 440 tonnes of white veal annually. Agrokor said that it had invested more than HRK 300mn in farming and cattle breeding in the last two years and the company’s meat sales should exceed HRK 1bn in the coming years. Agrokor group includes the biggest retail chain Konzum, mineral water bottler Jamnica, ice cream producer Ledo, edible oil producer Zvijezda, and several agricultural plants.

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