LORD TAYLOR BLACKBURN ON PURCHASE OF DUBROVNIK'S HOTEL

DUBROVNIK, Feb 18 (Hina) - The "Wren" group has for a longer period planned to invest into Croatia's economy, and views the purchase of "Excelsior" - the most attractive hotel in Dubrovnik - as an opportunity for taking part in the development of the Dubrovnik area, the Wren Group President, Lord Taylor Blackburn, said in the southern Croatian coastal town on Saturday evening. The Wren director-general, Goran Strok, is going to sign an agreement on the purchase of "Excelsior" on Wednesday. Lord Blackburn told reporters that Strok had established a very successful group of hotels and waited very long for a possibility of investing in Croatia. Therefore, it would be such a shame if this chance was missed, said Lord Blackburn, who is a member of the British parliament's House of Lords. He added that this House recently set up a multiparty committee to promote cooperation with Croatia. We would like to use a positive atmosphere between the two countries and encourage investors not only from Great Britain but also from all over the world to invest into Croatia so that it may become a leading country in the Balkans, Lord Blackburn said. (hina) ms