ZAGREB- RIJEKA MOTOR WAY ZAGREB, March 28 (Hina) - An agreement on long-term syndicated loan worth 61.36 million euro (120 million German marks) was signed on Wednesday by the Rijeka-Zagreb Autocesta company and a syndicate of three
Croatian banks - Privredna Banka Zagreb, Zagrebacka Bank and Rijecka Bank. The loan with the three-year-long grace period and the state collateral will be used for the payment of short-term obligations and for the completion of the construction of the Karlovac-Vukova Gorica section of the Zagreb-Rijeka Motor Way. The said 18.2-kilometre-long section should be built in a few months and opened for use this June. The completion of the works on another section (Kupjak-Vrbovsko) will be financed by a long-term loan to be granted by a German development bank, 'Kreditanstalt fur Wiederaufbau'. That section is to be built by the end of 2002.(hina) ms
ZAGREB, March 28 (Hina) - An agreement on long-term syndicated loan
worth 61.36 million euro (120 million German marks) was signed on
Wednesday by the Rijeka-Zagreb Autocesta company and a syndicate of
three Croatian banks - Privredna Banka Zagreb, Zagrebacka Bank and
Rijecka Bank.
The loan with the three-year-long grace period and the state
collateral will be used for the payment of short-term obligations
and for the completion of the construction of the Karlovac-Vukova
Gorica section of the Zagreb-Rijeka Motor Way.
The said 18.2-kilometre-long section should be built in a few
months and opened for use this June.
The completion of the works on another section (Kupjak-Vrbovsko)
will be financed by a long-term loan to be granted by a German
development bank, 'Kreditanstalt fur Wiederaufbau'. That section
is to be built by the end of 2002.
(hina) ms