Austrian Investor Interested in Croatian Aluminum Company

Businessn.a. ♦ Published: December 10, 2011; 19:02 ♦ (Vindobona)

The Austrian financial investor Michael Tojner is a potential buyer of the Croatian aluminum manufacturer TLM-TVP, which is owned by Hypo Group.

Austrian Investor Interested in Croatian Aluminum Company / Picture: © Vindobona.org

According to market observers, the Viennese investor Michael Tojner is interested in buying the Croatian TLM-TVP, which is one of the largest Croatian companies. In 2010, the aluminum manufacturer achieved sales of € 125m and employed 500 workers. With an interest of 84%, the major shareholder is the Austrian nationalized bank Hypo Group Alpe Adria. Already since spring 2011, Hypo…