February the 23rd, 2023 - The Croatian Kanaan company has secured an agreement with no less than Costco, the second largest retail chain on the planet which pulls in eye-watering figures as revenue each year.

As Poslovni Dnevnik writes, snacks made by the Croatian Kanaan company from Donji Miholjac, one of the best European producers of quality snacks, will now also be found on the shelves of Costco, the second largest retail chain in the world, which generates enormous revenues of 227 billion US dollars a year.

The above information was confirmed for Lider by Zvonko Popovic, the so-called "Croatian king of crisps" and the owner and director of the Croatian Kanaan company, which holds the title of one of the best European producers of top quality snacks.

Popovic said that it is a great honour for his company to have entered Costco's stores. He also revealed that they currently have orders for Mexico, and by the end of the year they will make sales for the USA, South Korea, Australia and even for New Zealand.

Due to the current crisis and ongoing spiralling inflation, the Croatian Kanaan company has faced numerous challenges, from rising costs, disruptions in supply chains, the security of their energy procurement, issues with the procurement of packaging, and reduced quantity and quality of some basic raw materials due to bad climatic conditions.

"Unfortunately, the prices are much higher than they were in earlier periods. We're hoping for more stable conditions this year and for us to be able to maintain our prices,'' said Popovic for Lider.

Back in 2021, the Croatian Kanaan company generated impressive revenues in the amount of 22.65 million euros, and in 2022, their revenues grew by about 20 percent compared to the previous year, to an encouraging 27 million euros. More than half of their sales are exported to the markets of neighbouring Hungary, Serbia, Bosnia and Herzegovina and Slovenia, and then to customers in France, Lithuania and Denmark. In total, they sold around 8,000 tonnes of various products in 2022, and their goal is to be close to that amount in 2023 as well.

Popovic revealed to Lider that in the future, they want to expand into higher category products, such as protein-added snacks and vegetable crisps, and maintain the quality of the their basic products; flips with peanuts, popcorn and crisps.

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As Poslovni Dnevnik writes on the 22nd of February, 2020, all employees of the Croatian company Kanaan who take out a housing loan at a commercial bank this year will receive a five percent non-refundable subsidy from the company on the amount of the loan raised, there are also awards for best employees, scholarships for their children, and more.

Kanaan, a leading producer of chips in Croatia, whose factory is located in Donji Miholjac very near the border with Hungary, bought 32 laptops back in early February 2020. What makes this praseworthy is the fact that those laptops Kanaan purchased are intended for the children of the company's employees, who are students of primary and secondary schools. The workers got the laptops as a gift from the company, for free. This, however, is only the beginning of the story, according to a report from Telegram.

All Kanaan employees whose children attend universities in Croatia are entitled to 1,500 kuna a month, no matter what they study. If they successfully complete their studies, they don't have to return the scholarship money. Those who have enrolled in a mechanical or electrical engineering college with the intention of finding a job at Kanaan after graduation will receive 3,500 kuna per month.

Kanaan offers its employees the opportunity to continue their education or further training. In the amount of 20,000 kuna a year, the company will pay them the cost of enrollment, tuition and other expenses related to continuing education.

If an employee takes out a housing loan of, for example, 50,000 euros, the company will pay him 2,500 euros.

If a Kanaan worker needs to take out an emergency loan, he can count on his company for up to 15,000 kuna at a four percent interest rate, which is a legal obligation when it comes to borrowing. In the last two years, about thirty Kanaan workers have used this opportunity on various occasions.

Zvonko Popovic, the 100 percent owner of Kanaan, a company that employs 130 people with an average salary of about six thousand kuna a month, finally agreed to talk to Telegram about the benefits he provides to his workers, which for many Croatian employees seem like utopian fairy tales about the perfect company and the dream employer.

Popovic says that he didn't do everything that his workers get to enjoy today in order to brag about it in the media, which is why he was so hesitant to discuss it publicly at all, but because he believes that, given the contribution they have made to the development and successful business of the company, they completely deserve such treatment.

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