Saubermacher Leaves Croatia

Businessn.a. ♦ Published: February 29, 2012; 08:39 ♦ (Vindobona)

The Austrian waste treatment acquired a stake in the largest Croatian waste management company. Now, the stake is sold again.

Saubermacher Leaves Croatia / Picture: © Vindobona.org

In April 2011, the Styrian waste management company Saubermacher acquired 60% in Eko-Flor Plus, which is the largest private Croatian waste management companies. Now, the transaction is being revoked. “After that, we are not engaged in Croatia anymore.” CEO Hans Roth commented.

„Our expectations were not fulfilled, which is not caused by the economic situation in Croatia.…