Žito Grupa plans an investment cycle of 105 million euros

The Osijek-based Žito Grupa announced today that it will invest 105 million euros by 2027 in the organic development of existing business segments, with the aim of expanding production capacities, improving operational efficiency, and reducing business costs. This investment will be directed towards irrigation equipment, the construction of a new farm, upgrading existing farms, building a new animal feed factory, expanding the prosciutto production facility, and constructing a new slicing and packaging line, as well as the reconstruction of the oil refining plant and investments in solar power plants and battery systems.

– Over the past nine years, Žito Grupa has invested more than two hundred million euros. We plan to realize the new investment cycle worth 105 million euros in the period from 2025 to 2027. The investments are focused on the organic growth of Žito Grupa. Steps are also planned for further growth through acquisitions, stated Jozo Ljubičić, a member of the Management Board of Žito Grupa.

Ljubičić also added that acquisitions are planned, but Žito Grupa did not wish to disclose which companies would be of interest to them.

The statement notes that 10 million euros will be invested in irrigation equipment in crop production to reduce risks from weather conditions, increase yields, and create potential for two harvests in one year. At the same time, Žito plans to invest another 10 million euros in modern agricultural machinery. To increase pig production from the current 175,000 to 265,000 fatteners, they have allocated 30 million euros, while an additional seven million will be set aside to improve animal welfare standards.

The new animal feed factory will have a capacity of 50,000 tons, and the corresponding silos will hold 25,000 tons, which together should cost around 12 million euros. In the meat industry, Dobro Žito aims to expand its prosciutto production facility and invest in a new slicing and packaging line, which would increase prosciutto production from 150,000 to 230,000 pieces annually with an investment of nine million euros.

For the reconstruction of the oil refining plant at the Čepin oil factory, they plan to invest eight million euros, thereby increasing capacity from 100,000 liters per day to 300,000 liters per day. Žito Grupa estimates that the effect of this investment will increase production and sales capacity by 60 million liters of oil annually. Furthermore, the largest electricity consumers in the group are expected to be equipped with solar power plants and battery systems worth between 15 and 20 million euros during this period.