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[BUSINESS] · Croatia · 7 sources

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Međimurje County secures €25.9 million for capital projects

The Croatian government has approved Međimurje County to take out four loans totaling nearly €26 million from the Croatian Bank for Reconstruction and Development (HBOR). The funds are earmarked for 15 capital projects, with a primary focus on educational infrastructure and social care.

Key investments include the construction of sports halls and school expansions in Domašinec, Sveti Martin na Muri, Gornji Mihaljevec, Petar Zrinski Šenkovec, Macinec, Selnica, Vratišinec, and Dunjkovec, as well as the construction of a new elementary school in Nedelišće. Other projects involve the reconstruction of the Feštetić castle for a palliative care center and an interpretation center, the development of the 'Green Oasis' in Čakovec, and the establishment of a center for the elderly in Nedelišće.

The loans feature a ten-year repayment period, including a two-year grace period, with a fixed annual interest rate of 1.96 percent.

Entities

Croatian Bank for Reconstruction and Development · Government of Croatia · Međimurje County · Nedelišće · Čakovec