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GERMAN BANKS GIVES EUR98 MILLION LOAN FOR ZAGREB-RIJEKA FREEWAY

ZAGREB-RIJEKA FREEWAY ZAGREB, Oct 1 (Hina) - A EUR98 million loan contract intended to finance the remaining works on the Kupjak-Vrbovsko section on the Zagreb-Rijeka highway was signed on Monday by representatives of the Rijeka-Zagreb Highway company and Germany's Kreditanstalt fuer Wiederaufbau bank (KFW) from Frankfurt. This agreement, along with an already approved loan worth DM50 million, the KFW has become the main partner in the Zagreb-Rijeka highway project, the Zagreb-Rijeka Highway company director Zoran Klaric said. This loan is one way of helping Croatia's long-term development, said Christian Murach, one of the KFW directors, stressing the bank had already financed a series of projects in Croatia.(hina) it sb
ZAGREB, Oct 1 (Hina) - A EUR98 million loan contract intended to finance the remaining works on the Kupjak-Vrbovsko section on the Zagreb-Rijeka highway was signed on Monday by representatives of the Rijeka-Zagreb Highway company and Germany's Kreditanstalt fuer Wiederaufbau bank (KFW) from Frankfurt. This agreement, along with an already approved loan worth DM50 million, the KFW has become the main partner in the Zagreb-Rijeka highway project, the Zagreb-Rijeka Highway company director Zoran Klaric said. This loan is one way of helping Croatia's long-term development, said Christian Murach, one of the KFW directors, stressing the bank had already financed a series of projects in Croatia. (hina) it sb

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