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HJ Infrastructure is in debt for 30 million euros.
Croatia🏛️ PoliticsCenter11 hr. ago

HJ Infrastructure is in debt for 30 million euros.

HŽ Infrastruktura has taken on a credit of 30 million euros through a revolving loan agreement with Zagreb Bank to finance projects under the European Union program and other obligations, aiming to maintain financial commitments. This funding is intended to ensure liquidity in areas of operations related to bridging the gap between payment deadlines for obligations to contractors/suppliers and incoming funds, both in investment and regular business segments. The financing relates to EU projects such as the Connecting Europe Facility (CEF), the National Recovery and Resilience Plan (NPOO), and the Competitiveness and Cohesion Program (PKK). The government explained that gaps between the timing of payments and income flows could arise due to the mismatch in the dynamics of EU component inflows and the timing of obligations. Additionally, there may be a need for bridge financing due to current shortages or unavailability of funds from certain sources, which are expected to flow in the future. The credit term is 12 months from the date of signing the loan agreement, with a fixed annual interest rate of 1.93% on the utilized amount. The government authorized the Ministry of Finance to出具

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4 reports

Jutarnji list logoJutarnji listIndependentCenter11 hr. ago
HŽ Infrastructure is in charge of 30 million euros, Novigrad for 513,000 euros

The Croatian government has approved two loan agreements for HŽ Infrastruktura and the city of Novigrad. HŽ Infrastruktura received a €30 million loan from Zagreb Bank to finance European Union projects and other obligations, ensuring liquidity during periods of cash flow gaps between payments due to contractors and inflows of funds. The loan has a fixed interest rate of 1.93% annually and a repayment period of 12 months. Additionally, the government granted approval for Novigrad to take out a €513,000 loan from Istrian Credit Bank Umag to fund capital projects, including road construction near the port of Dajla and towards a local school. The loan for Novigrad has a 10-year repayment term with monthly installments, a fixed interest rate of 3.5%, and a one-time processing fee.

Bias read (Center): The article presents factual information about government-approved loans without overt ideological framing. It provides balanced reporting on both the national infrastructure project and the municipal development initiative, focusing on financial terms and administrative approvals rather than taking

Index.hr logoIndex.hrIndependentCenter12 hr. ago
HJ is in debt for 30 million euros

The Croatian government has approved a credit of 30 million euros for HŽ Infrastruktura, a state-owned infrastructure company, to ensure liquidity for financing European Union projects and other obligations. The loan, provided by Zagreb Bank under a revolving principle, aims to bridge the gap between payment deadlines for obligations to contractors and the inflow of funds in both investment and regular operations. The government emphasized that this loan would not affect the national budget for 2026 but could have fiscal implications if HŽ Infrastruktura fails to meet its obligations. Additionally, the city of Novigrad was granted approval to take out a 513,000-euro loan from Istrian Credit Bank Umag d.d. to fund the construction of access roads to the Dajla port and the Italian elementary school.

Bias read (Center): The article presents a factual report on government decisions regarding loans for infrastructure projects. It does not exhibit overtly biased language, one-sided sourcing, or omission of context. The information is presented neutrally, focusing on the financial arrangements and their purposes.

HRT (Hrvatska radiotelevizija) logoHRT (Hrvatska radiotelevizija)State / PublicCenter12 hr. ago
HŽ Infrastructure is in charge of 30 million euros, Novigrad for 513,000 euros

The Croatian government has approved a credit of 30 million euros for HŽ Infrastruktura, a state-owned infrastructure company, to ensure liquidity for financing European Union projects and other obligations. This revolving credit from Zagreb Bank aims to bridge the gap between payment deadlines for obligations to contractors and incoming funds in both investment and operational segments of HŽ Infrastruktura’s business. The funding will support projects under the Connecting Europe Facility (CEF), the National Recovery and Resilience Plan (NPOO), and the Competitiveness and Cohesion Program (PKK). Additionally, the government granted approval for the city of Novigrad to take out a loan of 513,000 euros from Istrian Credit Bank Umag d.d. to finance the construction of two access roads—one leading to the Dajla port and another to an Italian elementary school. The Novigrad loan has a repayment period of 10 years with a fixed annual interest rate of 3.5%.

Bias read (Center): The article presents factual information about government approvals for loans to infrastructure entities without overtly favoring any political side. It provides details on financial decisions made by the government but does not include subjective commentary or biased framing.

tportal logotportalIndependentCenter12 hr. ago
HJ Infrastructure is in debt for 30 million euros.

HŽ Infrastruktura has taken on a credit of 30 million euros through a revolving loan agreement with Zagreb Bank to finance projects under the European Union program and other obligations, aiming to maintain financial commitments. This funding is intended to ensure liquidity in areas of operations related to bridging the gap between payment deadlines for obligations to contractors/suppliers and incoming funds, both in investment and regular business segments. The financing relates to EU projects such as the Connecting Europe Facility (CEF), the National Recovery and Resilience Plan (NPOO), and the Competitiveness and Cohesion Program (PKK). The government explained that gaps between the timing of payments and income flows could arise due to the mismatch in the dynamics of EU component inflows and the timing of obligations. Additionally, there may be a need for bridge financing due to current shortages or unavailability of funds from certain sources, which are expected to flow in the future. The credit term is 12 months from the date of signing the loan agreement, with a fixed annual interest rate of 1.93% on the utilized amount. The government authorized the Ministry of Finance to出具

Bias read (Center): The article provides a factual report on a government decision regarding a corporate loan for infrastructure projects, citing official justifications and financial terms without overtly favoring any side.

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