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LUKA KOPER, d.d., Koper

SID Bank Grants Long-Term Loan

On 12th April 2010, Gregor Veselko, President of the Luka Koper Management Board, and Sibil Svilan, CEO of the SID Bank, signed a loan agreement by way of which Luka Koper d.d. received a 15-year loan of 30 million euros to complete the Pier I Container Terminal extension project at the Port of Koper.

The total investment includes the construction of a quayside extension with four post-panamax cranes, the regulation of hinterland areas, as well as acquisition of the requisite plant. Despite the severity of the recession in 2009, the Container Terminal recorded a mere three percent decline in cargo throughput on 2008, and during the first three months of 2010 cargo throughput amounted to 111,984 TEUs, which is 30.4 percent ahead of the same period last year.
The Management Board
Date: 13.04.2010