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In three years, Agrokor invested 560 million kuna in Vupik

The Agrokor Group has invested 560 million kuna in Vupik over the past three years since it took over.

This was stated during today’s celebration of St. Vincent’s Day, the patron saint of vine growers and vineyards, held at the Goldschmidt vineyard estate in the vineyards of Vukovar’s Vupik. According to Vupik’s director Davor Bošnjaković, although last year was exceptionally difficult, Vupik managed to achieve a 40 percent increase in business revenues and significant investments in pig farming and livestock, crop and vineyard production, and milk production. He also reminded that last autumn, Agrokor launched a transshipment port for grains and oilseeds on the Danube, in which 80 million kuna was invested.

– Investments in Vupik have also gone towards viticulture and winemaking, thus modernizing the Vukovar winery with a total capacity of 5.5 million liters of wine, and we consider it a great success that we managed to produce 4.5 million liters of wine last year – said Bošnjaković, adding that in the past three years, Vupik has planted about 20 hectares of new vineyards, and this year it intends to do so on 14 hectares of agricultural land.

Agrokor’s Executive Director for Winemaking Đuro Horvat stated that Croatia’s imminent accession to full EU membership opens opportunities for Croatian winemakers who will have the chance to market their wines to a market of 500 million inhabitants.
– Our path is different from that of traditional producers such as France, Italy, or Spain. Our path involves small offered quantities of wine, but of a high price range – emphasized Horvat.

Vukovar’s Mayor Željko Sabo and Deputy of the Vukovar-Srijem County Željko Cirba also spoke, praising Agrokor’s investment in Vupik, emphasizing that Agrokor was very correct during the takeover of Vupik, and continues to be so towards the community and workers. The vine growers and vineyards were blessed by the guardian of the Franciscan monastery in Vukovar, fra Gordan Propadalo.