Business

HBOR Representatives Visit Successful Rijeka Project Site

Rijeka
Rijeka

May the 23rd, 2021 - HBOR representatives have been busy touring a highly successful Rijeka project which it has supported with both capital investments and export activities for years.

As Poslovni Dnevnik writes, HBOR representatives, together with the leaders of JGL visited the works on the construction of the Integra 2020 project recently, they also toured its warehousing capacity, which includes three units - one for research and development, one for commercial production and one logistics centre.

"HBOR has been successfully supporting us in capital investments and export activities for many years, recognising us as a company with an international vision, and this is also an opportunity to thank them for our strong cooperation. After supporting the investments in JGL Pharma Valley, Integra 2020 was financed mostly from a long-term loan from HBOR in the amount of 280 million kuna,'' said Mislav Vucic, Executive Director of JGL.

The new investment project will enable the company to increase its capacity of sterile production by as much as 60 percent and significantly raise the development and technological competence of the company and its global competitiveness for further international growth in the planned horizon of one decade.

"JGL is one of the flagships of the Croatian economy, a company that has shown that Croatian businesses can be technological innovators and strong exporters to international markets, in an industry that requires extremely sophisticated products. I'm looking forward to HBOR being part of the growth and development of JGL. I'm convinced that we'll continue to cooperate with JGL and provide support for their new successes by lending and insuring exports,'' said Hrvoje Cuvalo, a member of the Management Board of HBOR, who was among the HBOR representatives visiting the site.

"The role of the Croatian Government and HBOR in terms of encouraging exporters and production companies with the aim of strengthening the competitiveness of the Croatian economy is extremely important. I'm proud that at JGL, despite the coronavirus crisis, are successfully continuing with investments that are an investment in our future, and with which we're striving for further steps in the global health market. It's especially important that the Integra 2020 project, through new research and development capacities, will enable even stronger networking with the scientific and teaching sector, as well as strengthening the platform for further growth of our country in the field of pharmaceutical and biotechnological development,'' concluded JGL's Ivo Usmiani.

KBC Rijeka - The construction of a new hospital for mothers and childern in Susak

The group of HBOR representatives also visited the Rijeka Clinical Hospital Centre and the construction of the new hospital in Susak, for which HBOR, in cooperation with the CEB and the EIB, approved a loan in the total amount of 750 million kuna.

At the Susak site of KBC Rijeka, work on the construction of a new Rijeka Hospital for mothers and children is in full swing, having started back in September 2019. The new complex will combine all hospital facilities currently located at Kantrida with the Clinic for Gynaecology and Obstetrics and new laboratory facilities.

This project is a significant step forward in relocating hospital units to a unique location, and patients will no longer have to travel up to five kilometres between different hospital facilities of the Rijeka Clinical Hospital.

“The construction of a new hospital in Rijeka is the largest investment from the government in the healthcare system since the founding of the Croatian state. Regardless of all of the difficulties, the works are being implemented more quickly than was initially planned, and the completion of the works is expected in the first half of 2022. If we receive the support of the government as we have done before, we'll be ready for the next investments in the second half of 2022,'' said Zeljko Plazonic, MD, of KBC Rijeka.

"The investment of KBC Rijeka in the construction of a new hospital in Susak will directly affect 600 thousand citizens who gravitate to the Rijeka hospital and hundreds of thousands of others who spend their holidays in this area. That's why I'm extremely glad to have the opportunity to participate in the improvement of healthcare infrastructure that will provide patients, medical and university staff of the Clinical Hospital Center Rijeka with greater comfort, an increased quality of services and numerous technological and clinical improvements,'' stated Hrvoje Cuvalo of HBOR.

"With the completion of the new hospital project, KBC Rijeka will receive a quality, modern and efficient healthcare service to be able to offer to the residents of the three counties who use the services of the Rijeka hospital," added prof. dr. sc. Alen Ruzic, the director of KBC Rijeka.

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