Croatia’s Institut IGH to provide services to Italy’s Anas

The estimated value of the framework agreement is 5.0 million euro ($5.4 million), of which 40% is earmarked for the services provided by Institut IGH, the company said in a filing to the Zagreb bourse on Monday.

"This agreement represents a significant step in expanding Institut IGH's operations into the Western European region, strengthening its position as a reliable partner in the European Union," the company said.

Shares of Institut IGH last traded on May 2, ending 9.56% lower at 12.30 euro on the Zagreb Stock Exchange.

($ = 0.928 euro)