PROJECT

Projects

Summary of Investment Information

Project Number

31911

Company Name

SAME DEUTZ-FAHR Zetelice d.o.o.

Date SPI Disclosed

Mar 14, 2012

Country

Croatia

Region

Europe

Projected Board Date

Apr 20, 2012

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Nov 30, 2016

Department

Regional Industry MAS LAC & EUR

Industry

Manufacturing

Previous Events

Approved : Jun 12, 2012
Signed : Jul 2, 2012
Invested : Jul 19, 2012

Sector

Agriculture, Construction, and Mining Machinery

Project Description

SAME DEUTZ FAHR Zetelice d.o.o. is a producer of combine harvesters, located in Zupanja, Croatia. It was privatized in 2005 when it was acquired by the Italian producer of agricultural machinery, SAME DEUTZ FAHR Group SpA (SDF). Since the acquisition, SDF revamped the Company’s operations by modernizing its machinery and operations, consolidating SDF’s European harvest combine production on its site, introducing new products, and making it one of SDF’s main logistics centers. The project consists of introduced leading edge harvesting technology into the Croatian company and gearing it to become a major exporter and distribution center for Europe and the CIS.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation