Economic Boost for Croatia: Country to Gain Huge Tea Factory

Lauren Simmonds

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As much as people prefer to stick with the depressing stories of there being no jobs, or no workers, or whichever saga fits best with their coffee that morning, there are moves being made in the continental part of the country for the greater good, and one economic boost for Croatia is on its way, in the form of one of the largest tea factories in not only the region, but the whole of Europe.

As Poslovni Dnevnik writes on the 11th of December, 2018, the current plan is to allow for the completely uninterrupted operation of the factory in order to continuously deliver ready-made products to markets that have already been contracted.

In what is certain to be a significant economic boost for Croatia, in the Rakita business zone in Kladare, the Spider Group is building a large, modern tea factory worth 28 million kuna, in which as many as 400 million teabags will be packed annually. In addition, fifty new employees will also be sought and recruited. As mentioned, this factory will be the largest tea factory in the region and among the largest in Europe, according to a report from Glas Slavonije.

The Spider Group specialises in the processing of medicinal and aromatic herbs and the production of teas and preparations based on such herbs. All of the Spider Group companies – Spider Group d.o.o., Biofarma d.o.o., Dolla d.o.o., Jan-spider d.o.o., as well as Herbarium d.o.o., are integral parts of a solid business unit which produces high-quality, finished products on both the domestic and on international markets.

One of the main features of the Spider Group is intense growth and continued investment in technology, as well as infrastructure development, which confirms that previous investments made by the company are being continued forward with more new ones.

Back in 2016, an investment cycle of more than 15,000,000 kuna was completed, which directly strengthened the group’s overall competitiveness on the world market. In mid 2018, a new investment was successfully launched, amounting to more than 28,000,000 kuna for the construction and the equipping of factories for the packing of teas in the Rakita business zone in Pitomača, according to Denis Nemčević of the aforementioned group.

Make sure to follow our dedicated business page for more news on the Croatian economy, as well as on doing business in Croatia and the country’s overall business and investment climate.


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