Croatian transport minister Bozidar Kalmeta said that the main funding source for projects of railway company HZ will be the EU, news agency HINA reported. Kalmeta pointed out that the budget of the railway operator has been reduced by HRK 1.056bn over the past three years. Therefore, the company will try to ensure money from the EU structural funds. In November, HZ announced plans for large-scale infrastructure modernisation projects for the period 2011-2012. The company started to upgrade its railway signalling and interlocking system with a EUR 12.6mn from the EU pre-accession programme IPA. |
The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more
Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more
Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more