Croatian State Companies to Increase Investment 25% in 2012

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Croatia’s state companies expect to increase investment 25 percent in 2012 from a year earlier, focusing on infrastructure and energy projects, Economy Minister Radimir Cacic told reporters in Zagreb today.

Eight state companies have invested 710 million euros ($926 million) in the first nine months, mostly in highways and gas pipelines as well as into a container terminal on the island of Krk and thermoelectric plant Sisak, he said.