You have 5 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Croatia's Saponia opens 14 mln kuna (2 mln euro) logistics centre

Author Annie Tsoneva
Croatia's Saponia opens 14 mln kuna (2 mln euro) logistics centre Photo: Saponia

ZAGREB (Croatia), December 7 (SeeNews) - Croatia's detergent and cosmetics producer Saponia [ZSE:SAPN] said on Tuesday that it opened a new 14 million kuna ($2.1 million/1.9 million euro) logistics and distribution centre in Zagreb.

The new logistics facility providing space for 4,500 pallets will speed up deliveries to more than 50,000 outlets and reduce operating costs, the company said in a filing with the Zagreb Stock Exchange (ZSE).

Saponia's shares traded at 810 kuna ($121/108 euro) intraday on Tuesday on the ZSE, up 3.18% from their last closing price.

(1 euro = 7.521 kuna)

Compare