Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Large vegetable preserves complex comes to Ethiopia

Celorrio is to build a large complex in Ethiopia. It would be the largest investment ever made by the La Rioja-based group and will employ more than 3,000 people, intending to increase substantially its capacity to manufacture vegetable preserves (asparagus, Piquillo pepper and artichoke).

After several years of research across several countries, it seems that the town of Mek’ele has the microclimate suitable for theses crops and a great water capacity.

The factory, which will be ready in September 2018, will have a constructed area of 65,000 m2, over a total acreage of 5,000 hectares of land, with the aim of reaching a production capacity of 80,000 tons.

The aggregated sales of Grupo Celorrio amounted to €190 million in 2016, 9% more than the previous year. Of that turnover, 20% comes from exports.

Source: Alimarket / Agroberichten Buitenland
Publication date: