FIRST CROATIAN OIL FACTORY founded

On 15 September 1916, a founding assembly was held in Zagreb at which, upon the permission of the then Royal Country Government, a joint-stock company named PRVA HRVATSKA TVORNICA ULJA (FIRST CROATIAN OIL FACTORY) was established, and according to its founding act, its objective was: “to build an oil factory, exploit all kinds of oilseeds, and sell the products of its making.”