Salford opens about 5 million euros worth of dairy in Croatia by end of 2011

Source: Sinteza Invest Group Wednesday, 22.12.2010. 13:10
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If everything goes as planned, Salford investment fund may become "richer" for another dairy in Croatia.

Namely, one of representatives of the company Venis, the representative of Salford in Croatia, told daily paper Poslovni Dnevnik that the plan was that a new and modernly-equipped dairy be opened in the business zone Kukuzovac, in the vicinity of Sinj, in late autumn 2011.

The investment is estimated at about 5 million euros and 50 new jobs should be created in the new dairy. According to the recent statement of Eugene Jeff, the Director of Salford Capital Partners investment fund, that fund intends to sell all companies in Serbia, in the operations of which Salford has been investing since 2002.

On the territory of Bosnia and Herzegovina, Salford owns Banja Luka-based Mljekara, Mlijekoprodukt from Dubica and Sarajevo-based East Milk, and, according to Nebojsa Ristic, the representative of Salford for the territory of Bosnia and Herzegovina, these three companies are also included in the decision on the sale.
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