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Emil Frey Group aims for 1 billion euros in revenue in Slovenia within five years
๐Ÿ‡ธ๐Ÿ‡ฎ Slovenia /Economy & Trade

Emil Frey Group aims for 1 billion euros in revenue in Slovenia within five years

From Delo · () Slovenian

Translated from Slovenian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Emil Frey Group plans to increase revenue in Slovenia from 700 million euros to 1 billion euros within five years.
  • The group will handle Fuso truck representation for 21 dealerships, including German ones, and plans to hire over 25 new specialists.
  • This expansion occurs as many multinationals withdraw from Slovenia, with Emil Frey bucking the trend by maintaining its regional headquarters in the country.

The Emil Frey Group is defying a trend of multinational companies leaving Slovenia, choosing instead to expand its operations and maintain its regional headquarters in the country. The automotive group, which represents 13 car brands and three commercial vehicle brands, currently employs over 500 people in Slovenia.

Director Joลพko Tomลกiฤ announced ambitious growth plans, aiming to boost annual revenue from 700 million euros to 1 billion euros within the next five years. This expansion includes taking on the representation for Fuso trucks across 21 dealerships, even those in Germany. To support this growth, the company intends to hire more than 25 new specialists.

Emil Frey in Slovenia is growing, and we want to increase sales from 700 million euros to 1 billion euros in five years.

โ€” Janko TomลกiฤDirector of Emil Frey Group in Slovenia, discussing the company's growth plans.

While many international firms are relocating their regional support to Zagreb, Emil Frey's decision to invest and grow in Slovenia highlights a contrarian strategy. The company's commitment suggests confidence in the Slovenian market and its strategic importance within the broader European network.

The group represents 13 automotive brands and three commercial vehicle brands in Slovenia, and we employ more than 500 people.

โ€” Joลพko TomลกiฤDescribing the current scope of Emil Frey Group's operations in Slovenia.
DistantNews Editorial

Originally published by Delo in Slovenian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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