Austria: Agrana Looking for New Market Shares in CEE and CESEE

BusinessEconomy ♦ Published: February 25, 2013; 14:18 ♦ Updated: February 25; 18:53 ♦ (Vindobona)

CEO explains why Croatia and Serbia might be interesting settings

Austria: Agrana Looking for New Market Shares in CEE and CESEE / Picture: © Vindobona.org

The Austrian sugar and starch refinery Agrana is looking for other countries in Eastern Europe to expand into. After investing € 10 million in a sugar silo in Kapsvar (HU) and with the future investment of further € 10 million in a new packaging facility Agrana is eager to get hold of new market shares outside of Hungary. However, CEO Johann Marihart admits that the jury is still…