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TOWN OF ZABOK, ITALIAN FACTORY SIGN USD 457 MILLION CONTRACT

ZAGREB/ZABOK, May 18 (Hina) - The town of Zabok and the Italian factory S.I.T.E.I. on Saturday signed a contract for the construction of a print paper factory which will use recycled paper. This should be the biggest greenfield investment in Croatian production, it was said in Zabok.
ZAGREB/ZABOK, May 18 (Hina) - The town of Zabok and the Italian factory S.I.T.E.I. on Saturday signed a contract for the construction of a print paper factory which will use recycled paper. This should be the biggest greenfield investment in Croatian production, it was said in Zabok. #L# The US$457 million contract, which will provide employment for 2,000 people, was signed by Paolo De Zen on behalf of the Italian investor and Zabok mayor Ivan Hanzek. Economy Minister Hrvoje Vojkovic attended. He announced the passing of new laws aimed at attracting foreign investments. Vojkovic mentioned amendments to the Law on the Stimulation of Investments and the adoption of laws on free zones and technological and industrial parks. (hina) ha sb

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