Croatia Airlines gets 2 non-binding offers for planned capital increase

Two non-binding offers in the preliminary phase of establishing the interest of the potential investors in increasing the capital of Croatia Airlines have been received, the company reported Monday. The company has not, however, reported on who has sent the 2 offers, nor how big of an investment they're offering. The govt has decided in February to research the interest and find a strategic partner, as well as establish the Commission for the implementation and the process of selection for Croatia Airlines. The net loss of Croatia Airlines increased again in 2019, and it's almost at HRK50m (US$7.46m) in the first 9 months of 2019, which is a significant increase from last year's HRK35m of loss in the same period. The number of passengers has also decreased, down 0.1% on the year. <br/>