Medjimurje Company Sobocan Invests 4.5 Million Kuna in Own Solar Energy

Lauren Simmonds

Updated on:

As Poslovni Dnevnik/Ana Blaskovic writes, the very well known Medjimurje company Sobocan, a manufacturer of furniture and equipment from Mursko Sredisce, officially launched its very own solar power plant on Friday night. The investment in the plant stands at a huge 4.5 million kuna, of which 2.2 million kuna was co-financed with European Union (EU) money, and the rest financed with the company’s own capital.

As many as 2,400 photovoltaic panels have been installed on the roof of their production hall, which will produce 900 kilowatt hours of power, thanks to which the Medjimurje company Sobocan will be able to cover almost 70 percent of its electricity needs from its own production in the future. Sobocan will save at least 1.5 million kuna a year on electricity bills (if we’re measuring them at the current electricity prices).

“By putting the solar power plant into operation, we’re completing the cycle of green transition of our business, which we started back in 2016 with the construction of a wood waste incineration plant. I can proudly say that the Medjimurje company Sobocan is one of the leaders and best examples in the implementation of solutions based on renewable energy sources,” said the owner and founder of the company, Franjo Sobocan.

Minister of Economy and Sustainable Development Tomislav Coric said that the Medjimurje company Sobocan clearly recognised the direction in which it should develop its business in accordance with the green transition.

“Sobocan, as a competitive company that exports almost 70 percent of its production and provides its employees with above-average Croatian industry income, can be an example to the entire industrial complex across the rest of Croatia,” said the minister of this praiseworthy and environmentally friendly investment.

For more, make sure to check out our dedicated business section.

 

Subscribe to our newsletter

the fields marked with * are required
Email: *
First name:
Last name:
Gender: Male Female
Country:
Birthday:
Please don't insert text in the box below!

Leave a Comment