DIV

Type
Business expansion
Country
Croatia
Region
Hrvatska; Jadranska Hrvatska; Šibensko-kninska županija
Location of affected unit(s)
Knin
Sector
Manufacturing
(24 - 25) Manufacture of metals
25.9 - Manufacture of other fabricated metal products
25.93 - Manufacture of wire products, chain and springs
400 jobs
Number of planned job creations
Job creation
Announcement Date
16 September 2013
Employment effect (start)
16 September 2013
Foreseen end date

Description

Croatian metal processing manufacturer DIV group is to create 400 new jobs at its new factory in Knin.

As announced the new factory will produce bolts and screws and expands the company’s capacity as a response to the increased demand for exports.

The company invested EUR 35mn with the support of the Croatian Bank for Reconstruction and Development (HBOR).

Sources

  • 16 September 2013: Dalje
  • 16 September 2013: Business

Citation

Eurofound (2013), DIV, Business expansion in Croatia, factsheet number 75884, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75884.