NEW 50% JOINT VENTURE IN YONGJI, CHINA
17 March 2008: Launch of the second 50% joint venture in China (by AGRANA and Yantai North Andre) for the production of sweet apple juice concentrate in Yongji.
50%-ACQUISITION OF SUGAR DISTRIBUTOR IN WEST BALKANS
21 May 2008: Purchase of 50% of SCO Studen sugar distribution activities in the West Balkan countries (sales and marketing of white sugar products under the “Agragold” brand in Slovenia, Macedonia, Croatia, Serbia and Bosnia-Herzegovina).
OPENING OF RAW SUGAR REFINERY IN BRČKO, BOSNIA-HERZEGOVINA
6 June 2008: Official opening of STUDEN-AGRANA raw sugar refinery in Brčko.
BIOETHANOL PLANT OPENS IN PISCHELSDORF, AUSTRIA
2 July 2008: Official opening of the Austrian bioethanol plant – At the ceremony, Environment Minister Josef Pröll lauds the facility as an important contribution to the improvement of Austria’s climate balance. Every litre of bioethanol means a CO2 saving of about 50% compared to petrol.
CAPACITY EXPANSION IN SZABADEGYHÁZA, HUNGARY
14 July 2008: The commissioning of the new capacity added at Szabadegyháza in Hungary establishes HUNGRANA Kft. as Europe’s largest manufacturer of corn starch and isoglucose.