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CorteCros Set Up New Facility in Croatia

CorteCros has announced the acquisition of a new facility building in Split, Croatia, from CROSCO d.o.o., a subsidiary of INA, a Croatian multinational oil company.

CortecCros CorteCros is now the 100 percent owner of the logistics and distribution center in Split, which has recently expanded its production facility and storage capacity.

“We are the main supplier of corrosion protection solutions for the world’s largest car manufacturers: Mercedes, Volvo, Ford, Toyota and other important systems such as Bosch, IBM, General Electric, Caterpillar, Rolls Royce Group, Russian Railways, MOD, ExxonMobil, Airbus and others. The pandemic, which unfortunately had devastating effects on the whole world did not affect our business. On the contrary, we achieved growth in the past year,” says Cortec’s CEO, Boris Miksic.

Split is now Europe’s main production and distribution point for Cortec’s corrosion protection chemistries.

Patented VpCI Technologies licensed under Cortec Corporation are some of the most widely used and renowned corrosion protection products in the world. Cortec Corporation has 10 locations around the globe with headquarters in St. Paul, MN.

With this acquisition in Croatia, Cortec’s CEO and owner, Boris Miksic, doubled his business in Europe: “when we started to work on the construction and logistics of the center in Split, our goal was to position Croatia as the main strategic point in Europe for environmentally safe corrosion protection technologies. Five years later, I can proudly say that we succeeded.”

The company is supplying three continents—Europe, Asia and the USA—from its facilities in Croatia. Capacities in Croatia include EcoCortec’s anticorrosion films and bioplastics plant located at the east of the country and CorteCros’s logistics and production center near the coastal town of Split. The company’s offices are located in Croatia’s capital, Zagreb.

With this new expansion, Croatia became a strategic base for Cortec® Corporation and is now a central point for the production and distribution of Cortec’s solutions in this part of the world.

Companies in the Cortec Europe group are growing continuously; CorteCros recorded 20 percent revenue growth despite last year’s pandemic challenges, while EcoCortec’s revenue has increased 45 percent!

In addition to manufacturing and testing, CorteCros provides integrated solutions and full technical support for Cortec’s products and services.

A newly equipped ASTM and ISO certified laboratory is also located in the logistics center in Split. All products are registered according to the REACH standard.

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Aishwarya Saxena

A book geek, with creative mind, an electronics degree, and zealous for writing.Creativity is the one thing in her opinion which drove her to enter into editing field. Allured towards south Indian cuisine and culture, love to discover new cultures and their customs. Relishes in discovering new music genres.

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