EUROFIMA provides new financings of EUR 31 million to HZPP
NEWS 13.02.2023

EUROFIMA provides new financings of EUR 31 million to HZPP

Croatia
FINANCED AMOUNT

€ 31,000,000

EUROFIMA is pleased to announce having concluded a new financing in the amount of EUR 31 million (15 years) with its Croatian shareholder HZPP.

On February 20th, 2023, EUROFIMA is disbursing this financing, which will be used to finance public railway transportation throughout Croatia as part of global 9 BL€ investment plan for the country, aimed at promoting the economic, social, and territorial cohesion of its regions and increase its competitiveness.

EUROFIMA is proud to have concluded this new transaction and to reaffirm its public mission in Croatia supporting the local community and regions with better connections, enlarging the mobility offer to make the train attractive to low-income people and commuters and supporting the local economy with locally manufactured trains.

More specifically, EUROFIMA will finance 7 modern DMUs, with the most up to date technology in terms of comfort, passenger information system and low-emission engine, specifically designed to ease access to people with limited mobility: the 3 cars trains can carry up to 167 seated passengers and will be utilized in Regional and Commuter traffic across the country.

For more information, please do not hesitate to contact Ivana Mateska, Junior Portfolio Manager & ESG Analyst Ivana.Mateska@Eurofima.org