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Croatia's Janaf hikes capital by 100.8 mln kuna (13.4 mln euro)

Croatia's Janaf hikes capital by 100.8 mln kuna (13.4 mln euro) Author: Janaf. License: All rights reserved.

ZAGREB (Croatia), October 12 (SeeNews) - Croatian oil pipeline operator Jadranski Naftovod (Janaf) [ZSE:JNAF] said on Thursday it has hiked its capital by 100.77 million kuna ($15.9 million/13.4 million euro) to 2.95 billion kuna.

The capital hike was carried out by increasing the company's ordinary share price from a nominal 2,830 kuna to 2,930 kuna, Janaf said in a Zagreb bourse filing.

The company's capital is now divided into 1,007,658 ordinary shares at 2,930 kuna apiece.

Janaf has terminals on the island of Krk, as well as in Sisak, Virje, Slavonski Brod and Zitnjak, and operates 622 kilometres of pipelines. It has 1.54 million cubic metres of storage capacity for oil and 202,000 cu m of capacity for the storage of petroleum products.

(1 euro=7.5083 kuna)

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