Croatian furnishings maker Sobocan to speculate 55 mln kuna (7.3 mln euro) by end-2024

ZAGREB (Croatia), April 27 (SeeNews) – Croatian furnishings producer Sobocan mentioned it plans to speculate 55 million kuna ($7.7 million/7.3 million euro) by the top of 2024.

The most important a part of the sum will likely be invested within the development of latest manufacturing capacities, new expertise and renewable power sources, in addition to in enchancment of inner processes, CEO Dejan Sobocan mentioned in an announcement final week.

On Friday, the corporate formally opened a 900 kWh photo voltaic park with 2,400 photo voltaic panels on the roof of its manufacturing plant in Mursko Sredisce, northern Croatia.

The whole worth of the funding within the photo voltaic plant is 4.5 million kuna, of which 2.2 million kuna was offered from European Union funds, and the remaining got here from the corporate’s personal funds.

Sobocan is among the few Croatian manufacturing corporations that cowl virtually 70% of its power demand by photo voltaic power, the corporate proprietor Franjo Sobocan mentioned.

The corporate’s fundamental exports markets are Germany, Austria, Slovenia, Ukraine. It additionally exports to clients in Africa and Asia.

(1 euro=7.565 Croatian kuna)

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