Court orders Vinka Cetinski to pay D. Koncar EUR 9.1mn in damages

The Commercial Court in the Istria County seat of Pazin has ruled that Vinka Cetinski, a former executive at Kermas Ulaganja owned by Danko Koncar, has to pay HRK 66 million kuna (EUR 9.1 million) in damages to the that private company.

Bosnia starts building hydro power plant, Koncar to equip it

The beginning of construction of the Vranduk hydro power plant on the River Bosna in central Bosnia and Herzegovina was marked at a ceremony on Thursday, and the new EUR 57-million plant will be built by Austria's Strabag and Croatia's Koncar.

Koncar posts lower H1 income, higher profit

Koncar Group generated an operating income of HRK 1.3 billion in the first half of 2016, which was 16% less than in the same period last year, while pre-tax profit increased by nearly 18%, this electrical, transport and energy company said in a financial statement on Wednesday.

Koncar D&ST net profit EUR 1.8 mn in H1

Koncar-Distribution & Special Transformers Inc made a net profit of 13.3 million kuna in the first half of 2016, down 7.7% lower from in the corresponding period in 2015, according to a financial statement released by this Zagreb-based company on Thursday.

State's 20.49% share in Koncar electrical company sold for HRK 360 mln

All together their bids referred to 757,780 shares, which is more than had been put up for sale and CERP decided to only allocate the proposed 20.49% or 526,926 shares that were put up for sale with a starting price of HRK 670 per share.

Protest held against privatisation of Koncar Electrical Industry

Some 300 members of the Croatian Metal Workers' Union gathered outside the government headquarters in Zagreb on Monday for a protest against "privatising Koncar at any costs."

Shares of Koncar-EI, Suncani Hvar put on sale by CERP

As for "Suncani Hvar". a public auction for the sale of 29.94% of the capital equity is scheduled for 13 June on the ZSE, and shares interests will be possible to purchase only in whole offered package at the starting price of HRK 162.77 million.

Restructuring and Sale Centre decides to sell state's share in Koncar, Suncani Hvar and Eutelsat

The Governing Council of the Restructuring and Sale Centre (CERP) on Thursday decided to sell the state-owned shares in Koncar Electrical Industries, the Suncani Hvar hotel company and Eutelsat Communications, via the Zagreb Stock Exchange (ZSE).