HAC

Deputy minister says HAC motorway operator won't be privatised

Deputy Minister of Maritime Affairs, Transport and Infrastructure Miro Skrgatic has dismissed speculation that the motorway operator Hrvatske Autoceste (HAC) was about to be privatised and sold to...

HDZ MP: Execs in Croatian road authorities appointed temporarily

Croatian Democratic Union (HDZ) MP Ivan Suker on Tuesday said that new executives in the country's motorway operator (HAC) and road authority (HC) were not being appointed but "temporarily posted...

Minister rules out privatisation of motorways for time being

As far as a loan of 250 million euro with the European Bank for Reconstruction and Development (EBRD) is concerned, Butkovic said that that loan was agreed to by the previous government however,...

Government approves new loans for HAC motorways operator

The guarantee agreement refers to a loan of EUR 250 million for a period of 15 years and a 2 year grace period which was signed in late March by Finance Minister Zdravko Maric and EBRD Director...

Viadukt and Hering to build Sava bridge at Croatia-Bosnia border

A syndicate of bidders including the Zagreb-based Viadukt and the Hering company, headquartered in Siroki Brijeg, southern Bosnia-Herzegovina, have been chosen to build a bridge in Svilaj as part...

FinMin says Washington talks constructive

The Croatian delegation, consisting of representatives of the Finance Ministry and the central bank, is attending the World Bank and International Monetary Fund Spring Meetings in Washington on...

EBRD and HAC sign EUR 250 million loan agreement

‎HAC has established HAC-ONC as a subsidiary in charge of maintenance and tolling of the motorway network, totalling 925 kilometres. The EBRD loan will support the restructuring of the subsidiary...

Gov't okays loan agreement between HAC, EBRD

On 29 February, HAC's total debt amounted to EUR 3.1 billion, while the EUR 466 million capital amount and EUR 124 million of interest rates matures this year, Maritime, Transport and...

EBRD approves EUR 250mn loan to HAC motorways operator

The European Bank for Reconstruction and Development (EBRD) has approved a loan of EUR 250 million to the Croatian motorways operator Hrvatske Autoceste (HAC), the bank's Zagreb office confirmed...

Transport minister says first goal is to roll over motorway operator's debt

Maritime Affairs, Transport and Infrastructure Minister Oleg Butkovic has launched a review of the operations and debts of the HAC motorway operator to launch as soon as possible the refinancing...

Two HAC management board members acquitted in Sklad Gradnja case

The court dismissed the allegations that Prskalo and Lovrincevic had abused their position and powers by making it possible for Sklad Gradnja to build an unplanned and unnecessary rest and service...

New transport minister against monetising motorways' debt

New Maritime Affairs, Transport and Infrastructure Minister Oleg Butkovic said on Monday, taking office from Sinisa Hajdas Doncic, that he was against monetising the debt of the motorways and that...

Gov't allows motorway operator to borrow EUR 200M from EBRD

The minister explained that the loan would become operational next February , because loan contracts with EBRD must go through procedures in the government twice and in the parliament once.

Gov't to shift application of new chart of accounts to 2017

In 2016, HAC is due to service a loan of 466 million euros plus 109 million in interest and it is not possible to cover this sum from the operator's own revenues.