Gen-I Zagreb posted revenue of 84.9 million euro in 2011 compared to 42.6 million euro a year earlier, the parent company said in its annual report.
Gen-I Zagreb’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 403,316 euro in 2011, up from 296,904 euro a year earlier.
The Slovenian company said it considers Croatia as a main market where it will pursue large business customers.
“We achieved this goal [..] by securing [last year] a public procurement contract with the City of Zagreb for electricity deliveries until 2015. This new customer has an…