ZAGREB, Nov 3 (Hina) - Austrian company EuroproNet Telekom AG has bought Croatia's Rijeka-based Internet provider Kvarner.Net, which in the future will operate as part of a newly established company, Europronet. Austria will invest
DM13 million in the project of transforming Kvarner.Net into one of the biggest Internet providers in Croatia. EuroproNet chairman of the board and former Kvarner.Net director Damir Radulcic said he was satisfied with the strategic partnership, pointing out Kvarner.Net was the third biggest Internet provider in Croatia at present. Austrian telecommunications company europroNET AG has majority interest in Internet provider companies in Bulgaria, and is starting a similar company in Bosnia and Herzegovina. Its principal goal is to build an Internet provider network in Southeast Europe. It will end the business year 2000 with EUR5 million in profits
ZAGREB, Nov 3 (Hina) - Austrian company EuroproNet Telekom AG has
bought Croatia's Rijeka-based Internet provider Kvarner.Net,
which in the future will operate as part of a newly established
company, Europronet.
Austria will invest DM13 million in the project of transforming
Kvarner.Net into one of the biggest Internet providers in Croatia.
EuroproNet chairman of the board and former Kvarner.Net director
Damir Radulcic said he was satisfied with the strategic
partnership, pointing out Kvarner.Net was the third biggest
Internet provider in Croatia at present.
Austrian telecommunications company europroNET AG has majority
interest in Internet provider companies in Bulgaria, and is
starting a similar company in Bosnia and Herzegovina. Its principal
goal is to build an Internet provider network in Southeast Europe.
It will end the business year 2000 with EUR5 million in profits. The
development of national companies should double the sum in 2001.
(hina) ha jn