Knauf Insulation plans to invest EUR 120 million in Croatia

Croatia’s economy minister Davor Filipovic met representatives of the Knauf Group on February 24, 2023, to discuss a EUR 120 million investment planned by Knauf Insulation in a new production line in Novi Marof, northwestern Croatia. The new line will have a production capacity of 60 000 tonnes and will create at least 70 new jobs, the economy ministry said in a press release.

Knauf Insulation is part of the global Knauf group, which has been present in Croatia since 1980, when it opened the factory for production of insulation based on mineral wool in Novi Marof. Apart from it, the Knauf group has two factories for gypsum products in Knin and Krapina, and is co-owner of two factories for plaster and other building materials in Polaca and Djurdjevac.