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Croatian FinMin, EBRD chief discuss projects for expansion of two seaports

LONDON/ZAGREB, May 15 (Hina) - Croatian Finance Minister Ivan Suker on Friday held talks with the President of the European Bank for Reconstruction and Development (EBRD), Thomas Mirow, on cooperation between Croatia and the EBRD and on two loans which EBRD will grant for financing the expansion of the Gruz port within a project for modernising the seaport of Dubrovnik and for financing the expansion of the seaport of Sibenik, the Croatian Finance Ministry said in a statement.
LONDON/ZAGREB, May 15 (Hina) - Croatian Finance Minister Ivan Suker on Friday held talks with the President of the European Bank for Reconstruction and Development (EBRD), Thomas Mirow, on cooperation between Croatia and the EBRD and on two loans which EBRD will grant for financing the expansion of the Gruz port within a project for modernising the seaport of Dubrovnik and for financing the expansion of the seaport of Sibenik, the Croatian Finance Ministry said in a statement.

Minister Suker, who arrived in London for the 18th annual assembly of EBRD governors, on Friday met EBRD President Mirow for talks on the future of that international financial institution and its business orientation in times of global crisis.

Suker praised EBRD for its active participation in financing the private business sector in Croatia through credit lines intended for small and medium-sized entrepreneurship with assistance of the Croatian Bank for Reconstruction and Development.

The Croatian minister and the EBRD director also talked about preparations for the 19th EBRD annual assembly which will be held next year in Zagreb.

Earlier on Friday, EBRD and Croatia's leading food maker Agrokor signed an agreement on EUR 50 million loan for Konzum, Agrokor's retailer, with the purpose to help the company strengthen its capital base and create modern stores throughout Bosnia-Herzegovina.

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