Croatia Crodux to Build 500 Million-Euro Plant, Vecernji Says

Crodux Plin d.o.o., Croatia’s closely-held gas retailer, plans to build a 500 million-euro ($652 million) thermoelectric plant near Slavonski Brod in eastern Croatia, Vecernji List reported, citing Hrvoje Cermak, a management board member.

The 570-megawatt, gas-powered facility will probably start work by 2015, Cermak said, according to the Zagreb-based newspaper.

To contact the reporter responsible for the story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for the story: James M. Gomez at jagomez@bloomberg.net

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