Marija Kusmis, the Mayor of Novska and Michael Freitag and Alen Avdakovic, heads of TECE Industrial, signed on March 20, 2024, a deal for an investment of 25 million euro in a future production plant. Source: The town authorities of Novska
March 21 (SeeNews) - Croatian plastic products maker TECE Industrial, a subsidiary of German sanitary products maker TECE GmbH, will invest 25 million euro ($27 million) in a new manufacturing plant in Novska, eastern Croatia, the town authorities of Novska said.
On Wednesday, TECE Industrial and the Novska town authorities signed a deal to buy a land plot of 10 hectares in the Novska business zone, on which it the future plant will be built, according to a press release by the town authorities.
The construction works will start this autumn and the plant will start operating in October 2025, creating 150 jobs.
($ = 0.916 euro)