Croatia signs EUR 23.2mn worth of EIB loans for three waste management projects.

By bne IntelliNews January 18, 2012
Croatia's finance ministry has signed loan agreements worth EUR 23.2mn with the European Investment Bank (EIB) for the financing of three waste management projects, news agency HINA reported. The loans have a 20-year repayment period, a five-year grace period and an interest rate of below 4%. The projects envisage the construction of three waste management centres - the Bikarac centre in Sibenik, the Kastijun centre in Istria, and the Mariscina centre in Rijeka. The projects will help the country continue establishing an integrated waste management system, which has to be completed by end-2018. The establishment of the system is estimated to cost about EUR 3.2bn. The country expects to secure 25% of the funding from the EU.

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

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

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

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 down 2.1% y/y in Jan 2013.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335