March 1, 2013 [SeeNews] - Croatia's Luka Ploce Trgovina, a wholly-owned subsidiary of port operator Luka Ploce, plans to finance the construction of its liquid cargo terminal, a project totalling 20 million euro ($26.4 million), with the proceeds of a loan, local media reported.
Previously, Luka Ploce Trgovina was put up for sale, but the parent company gave up on selling its subsidiary as the management was not satisfied with the offers submitted, news daily Vecernji List (www.vecernji.hr) reported on Tuesday quoting board president of Luka Ploce, Ivan Pavlovic, as saying.
The offers for the acquisition of Luka Ploce Trgovina were submitted by French oil and gas distributor Rubis and one Canadian company, Vecernji List reported adding that the Canadian company offered almost three times more than Rubis’s 7.5 million euro.
Luka Ploce Trgovina (www.lpt-ploce.hr) provides storage and handling services for liquid cargo.
