U.S. Ambassador Scott Visited Van Drunen Farms, the Largest U.S. Investment in Serbia’s Agricultural Sector

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On Wednesday, June 7, U.S. Ambassador Kyle Scott visited U.S.-based Van Drunen Farms (VDF) facility in Banatsko Karadjordjevo.  The facility represents a $13 million investment in Serbia’s agricultural sector, America’s largest.

Ambassador Scott toured the food processing facilities and laboratory, and observed fruit and vegetable processing, including freezing and freeze-drying (lyophilisation), as well packaging, storing and shipping.

VDF is a family-owned company from Momence, Illinois.  It was established in 1856 and has evolved into a modern and dynamic food processing company.  VDF opened its  plant in Serbia in 2002, and the Serbian plant remains its only international location.  VDF in Serbia employs 63 people in its processing plant, where it produces approximately 2,800 tons of frozen and some 300 tons of freeze-dried fruits and vegetables per year.  It works with approximately 10 fruit and vegetable suppliers throughout Serbia which employ  over 500 people.  The Serbian facility exports 90 percent of its products to the parent company in the USA, and many of its products are eligible for zero tariff treatment under the Generalized System of Preferences (GSP).  VDF Serbia’s gross revenues in 2016 were $10 million. The VDF group’s 2016 gross revenues were $200 million.

Since 2001, U.S. companies have invested nearly $4 billion in Serbia, and have created jobs for more than 17,000 Serbs.  By bringing new technological and managerial know-how, American companies help Serbia’s competitiveness and its transformation into a strong, market-based, 21st century economy.

More information about Van Drunen Farms can be found here: http://www.vandrunen.rs.7