By the end of this year the Koncar concern will have earned consolidated revenues from the sale of products and services in the amount of HRK 2.8 billion as well as a consolidated pre-tax profit of HRK 173 million, CEO Darinko Bago said.
Elda, the leading manufacturer of e-liquids for electronic cigarettes in Europe, on Monday opened a new manufacturing and laboratory facility worth HRK 24.5 million in the Industrial Park in the eastern Croatian town of Nova Gradiska.
“Pavao Vujnovac did not request the money via the media. In an interview with the Nacional weekly, Vujnovac answered questions about the loan truthfully and publicly. That is clear to anyone who has read the entire interview," the press release says.
The company's revenue last year was 9% up from 2014, to HRK 310 million, even though the level of construction activity in Croatia has not increased significantly yet, Sisinacki said at a news conference in Pula.
The INA Group in 2015 generated sales revenues in the amount of HRK 18.86 billion which is 21% less than in 2014, while the Group's net profit dropped by 83% to 58 million, according to the financial statement issued by this oil company on Wednesday.