ZAGREB, Aug 31 (Hina) - The Zagreb-based company Rubik on Tuesday signed a contract with Austria's Kaertner Landes und Hypothekenbank from Klagenfurt and Hypo bank Croatia on a loan for the construction of a factory for recycling
plastic and rubber in the eastern Croatian town of Vukovar. The loan, worth 6,327,246 euros, has been secured with the support of the Croatian government. The factory, which will have 70 employees, mostly Vukovar returnees, will process car tyres and used plastic packaging for floor tiles, plastic chair parts etc. The production will be completely export-oriented and the annual turnover should amount to more than five million euros.(hina) jn rml
ZAGREB, Aug 31 (Hina) - The Zagreb-based company Rubik on Tuesday
signed a contract with Austria's Kaertner Landes und
Hypothekenbank from Klagenfurt and Hypo bank Croatia on a loan for
the construction of a factory for recycling plastic and rubber in
the eastern Croatian town of Vukovar.
The loan, worth 6,327,246 euros, has been secured with the support
of the Croatian government.
The factory, which will have 70 employees, mostly Vukovar
returnees, will process car tyres and used plastic packaging for
floor tiles, plastic chair parts etc. The production will be
completely export-oriented and the annual turnover should amount
to more than five million euros.
(hina) jn rml