ADRIS Grupa to invest EUR 60 million in insurance by 2023

CROATIA's osiguranje shareholder - the Rovinj based consortium ADRIS Grupa - with businesses in tourism, real estate, tobacco and food industry announced it plans to invest HRK 3 billion (EUR 400 million) in developing its three main business segments by 2023.

ADRIS mentioned most of the investment, amounting to HRK 2.2 billion (EUR 133 million), is related to further raising the quality of the tourism segment of the business. Investments in healthy food amount to HRK 262 million (EUR 35 million), and for insurance HRK 435 million (~EUR 60 million).

Over the past ten years, ADRIS had invested HRK 8.2 billion (EUR 1.1 billion) in acquiring equity holdings in healthy food, tourism and insurance.

(1 EUR ~ 7.5 HRK)

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