EMCC European Monitoring Centre on Change

Contorte

Company/Organisation:
Contorte

Geographic Location

Country: Croatia
Region: Virovitičko-podravska županija; Kontinentalna Hrvatska; Hrvatska
Location of affected unit(s): Virovitica

Company

Sector: Manufacturing
Manufacture of wood and paper products, and printing
16.2 - Manufacture of products of wood, cork, straw and plaiting materials
Number Employed: 29
Group: Contorte

Employment Effects

Announcement Date: 14-03-2016
Type of Restructuring: Business expansion
Employment Effect Start: 01-04-2016
Planned Job Creation: 180

Additional Information

The furniture manufacturer Contorte Ltd. in Virovitica will hire 180 new workers. An investment of €6 million has enabled the company to take over premises previously maintained by Vroexpo for furniture production. The new employees will mostly be carpenters and wood technicians, but also tertiary educated staff. Funds for new investment were drawn from the European Union Structural Funds, from commercial banks in cooperation with the Croatian Bank for Reconstruction and Development and from the company's own resources.