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Atlantic Grupa borrows for expansion

This article was originally published in Scrip

Executive Summary

Croatia's Atlantic Grupa, a producer and distributor of pharmaceuticals and medical goods, has signed an eight-year agreement with the German Development Bank (DEG), a member of KfW Bankengruppe and one of Atlantic Grupa's shareholders. Under the agreement, the company will receive a €20 million credit from the bank which will mainly help to fund the further expansion of its pharmaceutical business, including acquisitions.






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