‘Croatian capital conquers Slovenia’

Published on 13 June 2013 at 10:39

Cover

After Croatian retailer Agrokor moved to buy Slovenian rival Mercator and insurer Croatia Osiguranje bought Slovenian competitor Triglav, Croatian investors have now set their sights on insurance firm Sava Re.

Two banks, NKBM and Abanka, have already sold 8 per cent of the firm’s shares, reports Dnevnik, adding that Croatia’s "nouveau riche" are now taking advantage of the lack of liquidity caused by the financial crisis, ongoing political uncertainty in Slovenia and efforts to break up big companies.

Receive the best of European journalism straight to your inbox every Thursday
Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!

On the same topic