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Croatia real estate


Holcim Croatia posts operating loss amid challenging market conditions

Croatian Times

Cement company Holcim Croatia posted an operating loss of around HRK18.8m last year.

Director Mario Grassel said: "The negative trends that have gripped the construction sector in the past four years and the problems with the collection of claims because of the generally poor liquidity in the country strongly influenced Holcim Croatia's business last year."

He added that despite the loss the company’s market share had edged ahead.




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