State-owned shipbuilder 3.Maj signed a USD 120mn deal on the construction of four tankers with Swedish Wisby Tankers. The first tanker has to be delivered in the first quarter of 2012, while the remaining are due in intervals of four months. 3.Maj posted a consolidated net loss increase of 264.3% y/y to HRK 136.3mn (EUR 18.8mn) in H1. The total revenues of the group rose by 6.6% y/y to HRK 785.7mn, while the sales revenues dropped by 20.7% y/y to HRK 479.4mn. The total expenses rose by 19% y/y to HRK 922.1mn. |
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