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FEAL Hrvatska to invest 32 mln euro in new plant

Jun 3, 2024, 11:52:08 AMArticle by Annie Tsoneva
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June 3 (SeeNews) - FEAL Hrvatska, the Croatian unit of Bosnian aluminium processing company FEAL, said on Monday it will invest 32 million euro ($35 million) in its new manufacturing plant in Karlovac, central Croatia.

FEAL Hrvatska to invest 32 mln euro in new plant
Feal. Source: Feal

In the first year of full-scale production, operating in three shifts, the plant is projected to manufacture around 6,600 tonnes of aluminum profiles, Vjekoslav Boskovic, head of marketing of FEAL Group, said in a written statement to SeeNews.

Last week, the company said that the factory is scheduled to start production at the end of this year, and to reach its full production capacity in 2025. It will create 100 jobs.

($ = 0.923 euro)

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