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Jadranka hotel company to be recapitalised

Author: rmli
ZAGREB, May 9 (Hina) - At an extraordinary session the shareholders of the Jadranka hotel company from Mali Losinj have decided that the company's majority owner, Beta Ulaganja, should recapitalise Jadranka in the amount of at least 152 million kuna and not more than 380 million, as well as to unlist Jadranka's shares at the Zagreb Stock Exchange, the company said in a statement on Friday, stressing that the recapitalisation would enable the continuation of an investment cycle.

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