RIGA/ZAGREB, May 23 (Hina) - A strategic presentation of Croatia's economy and investment opportunities in Croatia was held Monday night as part of the European Bank for Reconstruction and Development /(EBRD) assembly in Riga. The
results of the presentation and reactions of international financial companies are exceptionally important for Croatia, because the allocation of US$20 billion depends on this, the Croatian Television reported Monday night. Croatia's chances for foreign investments are great, especially because big public companies are still awaiting their turn to be privatised, such as the INA oil company, Croatian Electric Supply company HEP, Croatian Telecommunications and Croatian Railways. Investors were also offered the possibility of investing into tourism, small and middle scale businesses. However, it was said at the assembly, investors were particularly interested in macroeconomic calculations, which sh
RIGA/ZAGREB, May 23 (Hina) - A strategic presentation of Croatia's
economy and investment opportunities in Croatia was held Monday
night as part of the European Bank for Reconstruction and
Development /(EBRD) assembly in Riga.
The results of the presentation and reactions of international
financial companies are exceptionally important for Croatia,
because the allocation of US$20 billion depends on this, the
Croatian Television reported Monday night.
Croatia's chances for foreign investments are great, especially
because big public companies are still awaiting their turn to be
privatised, such as the INA oil company, Croatian Electric Supply
company HEP, Croatian Telecommunications and Croatian Railways.
Investors were also offered the possibility of investing into
tourism, small and middle scale businesses.
However, it was said at the assembly, investors were particularly
interested in macroeconomic calculations, which show that capital
in Croatia is truly secure.
Finance Minister Mato Crkvenac stressed that the Croatian
delegation had managed numerous contacts with banks and other
interested investors, and established their increasing interest or
investing into Croatia.
In this sense, he added, there were very concrete talks from
infrastructure to certain manufacturing companies, as well as the
new moves of the market capital.
The Croatian Finance Ministry signed an agreement on the placement
of bonds on the Japanese market, and an agreement on loans between
the Nordic investment bank and the Croatian Reconstruction and
Development Bank.
Croatia is this week expecting to be visited by two business
delegations, from Japan and the Netherlands, the Television
reported.
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