Montenegro Chips opens production plant - report

"Next year the plan is to increase the workforce by another 100 employees," Montenegrin prime minister Dritan Abazovic said at the opening ceremony, as quoted by public broadcaster RTCG.

No details about the plant's current staff numbers or capacity were provided.

A SeeNews email to the company seeking further information went answered by the time this article was published.

The plant will initially produce only potato crisps, with plans to expand to other snacks and frozen foods in the future.

Montenegro Chips will contract local producers as suppliers.

The company will distribute its products on both domestic and foreign markets.

According to the Montenegrin business registry, Montenegro Chips is owned by four separate entities. Kosovo-based Peshtova SH.P.K and Fevzi Kosumi own 30% each, and Valentin Juncaj and Dino Music own 20% respectively. The company was founded in December 2021 with a startup capital of 1 euro ($1.05).

($ = 0.9503 euro)