Belgrade, Serbia — Marking its first facility in southeast Europe, Barry Callebaut AG is constructing a production plant in Novi Sad, Serbia, about 56 miles from Belgrade, that is anticipated to be operational by 2021, according to the company.
The supplier projects it will invest more than $56 million in the plant, which is expected to have annual production capacity of 50,000 metric tons.
Antoine de Saint-Affrique, Barry Callebaut CEO, says: “Novi Sad is the perfect location for us: It is the second largest city in Serbia, it has a reputable university and thus offers us access to the resources we need to realize our plans. With the new factory, in line with our ‘smart growth’ strategy, we will be able to expand our footprint in the region and supply current as well as new customers with a wide range of chocolate, compound and filling products.”
He adds the new facility will serve as a regional hub for the supplier.