Business News

Germany's Carthago Plans to Expand Workforce in Slovenia by 10%

Odranci, 26 February (STA) - Carthago Odranci, the Slovenian subsidiary of German motor homes maker Carthago, has announced it will be expanding its workforce by about 10% to some 470 employees. Since 2008, the parent company has invested over EUR 16m in the Odranci-based plant in northeastern Slovenia and is planning to roll out its 7000 camper van this April.

The company generated EUR 88.4m in revenue in the fiscal year ending 31 July 2013 and revenues topped EUR 3m, the company told a press conference on Wednesday.

The company is in the process of finalising its third investment phase as part of which a new 5000 square metre production and storage hall is being constructed. The project was worth EUR 4m with about EUR 670,000 coming from the state in the form of subsidies.

Carthago facilities in the northeastern tip of Slovenia cover some 80,000 square metres. The company produces four models of camper vans and has an extensive network of some 160 Slovenian suppliers.

With about 850 employees in total, Carthago Group generated revenues of EUR 175m in the 2013 fiscal year, up EUR 7m over the year before.

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