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Fortenova sells agri unit to Podravka for 333 mln euro
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Croatia Airlines plans to raise capital to 1.6 bln kuna (212 mln euro)

Nov 16, 2012, 5:33:03 PMArticle by Kire Nedelkovski
share
November 16 (SeeNews) - Croatia Airlines [ZSE:CRAL-R-A] said on Friday it plans to increase its capital to some 1.64 billion kuna ($270 million/212 million euro) from 990 million kuna through a new share issue.

Croatia Airlines plans to raise capital to 1.6 bln kuna (212 mln euro)

The company plans to issue 3,259,447 new ordinary shares of 200 kuna in nominal value each, it said in a bourse filing.

The proposal to raise capital will be put to the vote at an extraordinary shareholders’ meeting of Croatia Airlines scheduled for December 27.

(1 euro = 7.5404 Croatian kuna)

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