MK Group considering building new Carnex factory – Investment worth EUR 90 million

MK Group is considering building a new factory within the Carnex company, in which around EUR 90 million would be invested, announced the group’s CEO Mihailo Jankovic.

– That would be a huge investment. Carnex’s factories were built in the 1960s and we have exhausted the possibilities for optimization. We have implemented new strategies and are now close to deciding to invest in a completely new factory. The value of the investment would be around EUR 90 million – said Jankovic at a panel at the Consumer Rules Summit 2025 regional conference in Tivat.

When asked what the deciding factor is when it comes to such large investments, Jankovic is clear:

– It’s always the return on invested money and energy - whether it is better to invest in that project or in another one.

He said that MK Group was already looking towards 2029, because the company’s strategic plans had been defined by that time.

Speaking about investment decisions, Jankovic said that, in MK Group, every idea was thoroughly considered within the team:

– We discuss it thoroughly within the team and come to a common solution. We had a big discussion about an alcohol factory, which is an investment of EUR 42 million – said Jankovic.

MK Group

Carnex

Mihailo Janković

construction of new factory within Carnex

Carnex new factory