Croatian power transmission equipment maker Dalekovod said on
Friday its management has approved issuing corporate bonds worth 16.18 million
kuna ($2.6 million/2.1 million euro) and 1.24 million euro ($1.54
million).
The decision was taken for the purpose of meeting commitments
arising from a signed pre-bankruptcy settlement agreement, Dalekovod said in a
filing to the Zagreb bourse.
Dalekovod manufactures transmission lines,
substations, low-voltage network equipment, fibre-optic cable equipment,
suspension and jointing equipment, contact networks, lighting and reflector
pylons, metal structures and antenna pylons.