Čakovečki mlinovi
Encyclopedia
Čakovečki mlinovi is a Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...

n milling company based in Čakovec
Cakovec
Čakovec is a city in northern Croatia, located around 90 kilometres north of Zagreb, the Croatian capital. Čakovec is both the county seat and largest city of Međimurje County, the northernmost, smallest and most densely populated Croatian county.-Population:...

. In addition to being the biggest producer of wheat flour
Wheat flour
Wheat flour is a powder made from the grinding of wheat used for human consumption. More wheat flour is produced than any other flour. Wheat varieties are called "clean," "white," or "brown" if they have high gluten content, and they are called "soft" or "weak" flour if gluten content is low...

 in the country, it also produces baked goods and pumpkin seed oil
Pumpkin seed oil
Pumpkin seed oil , a culinary specialty of south eastern Austria , eastern Slovenia , north western Croatia Pumpkin seed oil (Kernöl or Kürbiskernöl in German, bučno olje in Slovenian, bučino ulje or bundevino ulje in Croatian, and tökmag-olaj in Hungarian), a culinary specialty of south eastern...

. The company's shares are listed on the Zagreb Stock Exchange
Zagreb Stock Exchange
The Zagreb Stock Exchange or ZSE is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills....

 (ZSE) and is one of the 25 companies included in its official share index CROBEX
CROBEX
CROBEX is the official share index of the Zagreb Stock Exchange. As of March 2011, it includes stocks of 25 companies and is calculated continuously using the latest stock prices...

 as of September 2010.

The company's main plants are located in Čakovec, Donji Kraljevec
Donji Kraljevec
Donji Kraljevec is a village and municipality in Međimurje County, Croatia.-Geography and demographics:In the 2001 census, the municipality had a population of 4,931...

, Oroslavje
Oroslavje
Oroslavje is a town and municipality in Krapina-Zagorje county in Croatia. In the 2011 census, there were 6,124 inhabitants in the following settlements:* Andraševec, population 864* Krušljevo Selo, population 528* Mokrice, population 746...

 and Konjščina
Konjščina
Konjščina is a village in Croatia. It is connected by the D24 highway....

, all located in the north of the country, and its main wheat suppliers are farmers from the Međimurje County region. The company mills some 50,000 tons of wheat annually, which makes it the biggest company of its kind in Croatia, while the company's bakeries produce some 10,000 tons of baked goods every year. In 1999 the company acquired Trgovina Krk, a small retail chain based on the island of Krk
Krk
Krk is a Croatian island in the northern Adriatic Sea, located near Rijeka in the Bay of Kvarner and part of the Primorje-Gorski Kotar county....

, and in 2003 the company established METSS, a subsidiary which operates some 90 food and retail stores in Međimurje.

The company's CEO Stjepan Varga and his wife Ružica are the company's biggest shareholders, owning some 26 percent of shares combined. In 2009 the company posted a profit of HRK 24 million, which is expected to increase to 28 million in 2010.

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