FAGE is launching the creation of its new factory in the Netherlands. According to the dairy industry, the investment will amount to 150 million euros, while it is estimated that the new factory will start operating in the second half of 2024.
According to the same announcement, the factory will be built in Riegmeer Hoogeveen Park in the Netherlands and an option contract for a 15-hectare plot has already been signed with the municipality of Hoogeveen.
The new plant will initially contribute an additional 40,000 tonnes of yogurt capacity per year and create 250 full-time jobs.
FAGE works closely with, inter alia, NOM (www.nvnom.com), NFIA (www.investinholland.com), Drenthe Province (www.provincie.drenthe.nl), the Water Committee (Waterschap Drents Overijsselse Delta) www.wdodelta.nl), WMD (www.wmd.nl), NV RENDO (www.rendogroep.nl) and the municipality of Hoogeveen (www.hoogeveen.nl) for the realization of the new production unit, which is expected to will operate in the second half of 2024.
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Source From: Capital
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