Sunday, July 29, 2007

Croatians mull investments in Macedonia

A number of Croatian business people unveiled investments in Macedonia, encouraged by Agrokor's plans to invest 200 million euros in the country.

"Since Agrokor broke the ice, announcing EUR 200 million worth of investments in Macedonia in the coming years - purchase of fruit and vegetable centers, retail sector - 25 supermarkets - and food industry - other Croatian businesses also announced their campaigns to Macedonia," Vecernji List daily said.

The paper quotes Croatian Agriculture Minister Petar Cobankovic as saying Croatian investments in Macedonia could soon exceed the value of those in Serbia.

Macedonia is the third economic and trade partner to Croatia, after the EU and Serbia. There is a lot of space for further bilateral cooperation, especially in agriculture and food industry, as there are no open issues between the two countries.

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