Business

87 Million Kuna Renovation of Podravka Office Building on Cards

By 13 September 2021

September the 13th, 2021 - An 87 million kuna renovation for the Podravka office building is set to take place, with a company from the continental Croatian town of Krizevci being ''the chosen ones'' for the job.

As Novac/Vedran Marjanovic writes, Podravka's Supervisory Board approved the Management Board's decision to invest a massive 87.7 million kuna in the renovation of the company's office building, and to conclude a contract with the construction company Radnik (Worker) from Krizevci for the job, the much loved Koprivnica-based company announced yesterday.

The renovation of the Podravka office building includes IT and energy reconstruction, as well as its modernisation. The current Podravka office building was built back in 1979 and hasn't been renovated for practically 42 years.

With this, the reconstruction project, which has been being planned for many years now, has entered the implementation phase, and includes a seven-storey office building, a restaurant, a car park and the surrounding area, Podravka announced, adding that the works will begin on October the 1st this year and will be completed in July 2022.

During this time, according to the announcement of the Koprivnica company, employees whose workplace is in the Podravka office building will be relocated to other locations in the company.

Podravka pointed out that the renovation of the company's office building will be financed from its own sources, without any borrowing involved. They added that the renovation of the Podravka office building is being done in its existing dimensions and that the investment framework is appropriate for a challenging business year with careful cost management.

When it comes to the selection of Radnik d.d. from Krizevci as the contractor, Podravka revealed that three rounds of collecting bids from contractors were conducted and that the selection was based on the project of renovation of the office building prepared by the company Forma-Biro, also from Koprivnica.

The amount of the investment in the renovation of the Podravka office building refers to construction works, the mechanical installations, works on the facade and those on the electrical installations, according to the Koprivnica company, noting that the renovation project incorporates elements of material artistic value of the building.

The reconstruction of the office building, Podravka noted, will improve the company's energy efficiency, corporate and information security and ensure that the new requirements of the prescribed standards are met in the time after the coronavirus pandemic.

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