Boortmalt invests in malting plant
In Nova Gradiska, 120km to the east of Zagreb, the Belgian company Boortmalt invested almost US$23 million in a new 50,000 t malting plant (including infrastructure) which was officially opened this summer. The malting technology, acronymically called GKV (germination kilning vessel) was provided by the German company Seeger. As early as 1997, Boortmalt bought a stake in the one and only Croatian malting facility (18 000 t) which was constructed 30 years ago and whose malt quality was beginning to leave a lot to be desired for. Although the new malting plant, Slavonija Slad, was built without any Croatian government guarantee or credit arrangement, the risk associated with an investment of this sort seemed negligible. There are only three malting plants in Serbia..
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