Philippines' International Container Terminal Services (ICTSI) won a 30-year contract for management, operations and development of a container terminal in the Croatian sea port Rijeka, the company said in a news release on its website. The terminal is the Adriatic Gate Container Terminal (AGCT). As part of the deal, ICTSI acquired 51% of AGCT for EUR 15mn. Over EUR 70mn will be invested during the initial phase of the concession. |
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