| Author (Corporate) | European Commission: DG Competition |
|---|---|
| Publication Date | 14/06/2018 |
| Content Type | Overview |
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Summary: The European Commission announced on 14 June 2018 the decision to approve a plan from Croatia to prolong the Istrian Y motorway concession agreement between the country and the company Bina-Istra. Further information: The Istrian Y motorway is a 145 km long motorway linking the Istrian region with the rest of Croatia. The motorway is operated under a concession from 1995, which was awarded to the company Bina-Istra until 2027. In March 2018, Croatia notified to the European Commission a prolongation of the concession agreement until 2032. The decision allows €165 million of investment to go ahead in the region, while limiting distortions of competition. |
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| Source Link | Link to Main Source http://ec.europa.eu/competition/elojade/isef/case_details.cfm?proc_code=3_SA_48472 |
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| Subject Categories | Internal Markets, Mobility and Transport |
| Countries / Regions | Croatia, Europe |
