Italian Company Opens New Packaging Facility in Costa Rica

    Must Read

    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The Costa Rica News (TCRN) – The Italian firm Gualapack Group, launched its campaign in Costa Rica, to open its first production of food packaging with an investment of five million dollars.

    The company is engaged in the manufacturing and distribution of flexible packaging for the food industry, employs 40 people and aims to reach a payroll of 160 workers by 2017, said an official statement.

    TIP: Get our latest content by joining our newsletter. Don't miss out on news that matter in Costa Rica. Click here.

    The new headquarters in Costa Rica is the first company established in Latin America and from there they will address the major markets of Central and South America, especially countries like Brazil, Argentina, Chile and Venezuela.

    “Costa Rica offers a strategic proximity to customers and markets that are important to us. Likewise, the path that has the country in other industries shows that there is great potential for further growth in the future,” said the group’s Executive Director, Michele Guala, in a statement.

    The investment of the new headquarters of 7,000 square meters, located in the province of Cartago, about 20 miles east of San Jose, was around $ 5 million.  Gualapack also has an office in Italy and one in Nabad, Romania.

    Data from the Costa Rican Coalition for Development Initiatives (CINDE) indicates that in 2012, 6% of total Foreign Direct Investment (FDI) came to Costa Rica came from Italy. (EFE)

    The Costa Rica News (TCRN)

    San Jose Costa Rica

    LIKE THIS ARTICLE? Sign up to our newsletter and we will send you updates of our latest content as soon as they are available. Click here.

    - Advertisement -
    - Advertisement -

    Latest News

    Biodiversity in Costa Rica: A History with Data for the Protection of Forest Species

    Costa Rica is considered one of the most biodiverse countries. Thanks to its privileged geographical location in Central America and the presence of tropical forest climates with mountain ranges
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »
    Be Part of the Community!
    Stay Up To Date And Connected

    and engage with likeminded folks on Costa Rica


    13 Years Changing The Way You Look At News!

    Get TCRN In Your Inbox & Never Miss Any News That Matter In Costa Rica!