BRCKO, Bosnia (16 July,2008) - Agrana Group and Studen & Co of Austria have just started production at a EUR 40 million sugar refinery plant in the Brcko area of Bosnia.The new Studen-Agrana d.o.o. Sugar Refinery Brcko is expected to employ 160 Bosnian workers and have an annual production of 150,000 tonnes of refined sugar, a company spokesman said.
The plant, the only sugar refinery in Bosnia, began production three weeks ago. The previous sugar facility in the country closed during the 1992-1995 Serbian,Montenegrin and Croatian aggressions against Bosnia.
Bosnia currently imports its entire 130,000 tonnes of domestic sugar consumption from a number of countries including Germany, Hungary, Czech Republic and Austria.
The business partners also produce vegetable oil in Bosnia.
Agrana has said it is the leading producer of sugar in Central and Eastern Europe with operations also in Austria, Hungary, Czech Republic, Slovakia, and Romania , with a total of nine production facilities in these countries.
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Wednesday, July 16, 2008
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