Category: INVESTMENT

Cakovec Technical School to become a competence center thanks to the EU grant

ZAGREB, Feb 15 (Croatia Sun News) – The Cakovec Technical School received the first, HRK 30 million grant installment from a total of HRK 56 million allocated by the EU for the construction and equipment of the Regional Mechanical Engineering Centre “North”, which will be based in that school.

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Investment in Petrinja from India, valued at EUR 50mil

ZAGREB, Feb 15 (Croatia Sun News) – Indian entrepreneur Arvind Kapur signed a memorandum of understanding with Petrinja Mayor Darinko Dumbovic, which envisages up to €50 million investments by the Indian Karma Agro company in agriculture in the Petrinja area.

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HBOR granted €784m worth of loans to businesses in 2019

ZAGREB, Feb 12 (Croatia Sun News) – The Croatian Bank for Reconstruction and Development (HBOR) granted HRK 5.8 billion (€784m) worth of loans to businesses last year, an increase of 3% over the previous year, and supported 1,848 projects, 88% of which related to investment, a press conference was told in Zagreb on Wednesday.

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Defence minister attends Croatia-USA forum, says Croatia can be proud of its military industry

ZAGREB, Nov 14 (Croatia Sun News) – Croatia can be proud of its defence industry and the progress it has made, Defence Minister Damir Krsticevic said at a Croatia-USA defence forum in Zagreb on Wednesday, according to a statement from the ministry.

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Grabar-Kitarovic: Lack of investment also threatens EU security

ZAGREB, Oct 13 (Croatia Sun News) – The rise of populism, slowing down of enlargement and lack of investment are potential threats to European Union security, Croatian President Kolinda Grabar-Kitarovic said in Athens on Friday, calling on partners and allies to help Southeast Europe make the EU safer.

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