Zagreb Holding
Zagreb Holding is a city enterprise of Zagreb, Croatia.
It was established in 2006, according to the Companies Act and it is 100-percent owned by the City of Zagreb.
Zagreb Holding was created by transferring business equities in 21 companies, previously owned by City of Zagreb, to the City Communal Company, which assumed the role of the holding company. In 2007 the company changed its name to Zagreb Holding Ltd. In the years that followed, it went through several other status changes and transformed into a company consisting of connected companies and institutions that are Zagreb holding. The group consists of Zagreb Holding company with 12 branches, 6 connected companies and 1 institution that manages all the Zagreb's above and below-ground infrastructure.
Zagreb Holding's main task is to efficiently and permanently carry out public services in the city with maximum consideration of public interest and the local community.
Activities
Taking into account number and type of services offered, Zagreb Holding is a unique company in Croatia.Primarily, it offers public services in the City of Zagreb.
It covers the following business areas:
- municipal services
- water supply and drainage services
- pharmacy services
- gas distribution and production of energy from renewables
- market services.
Market services include managing and maintenance of buildings and sports' facilities, construction, organization of travel and vacation for children, catering and tourism services, logistics, storage of goods, parking of cargo vehicles and Zagreb's Free Zone services, outdoor advertising and wholesale market services. Market services also include waste management, waste collection from citizens, as well as maintenance, protection, managing, reconstruction and development of regional and local roads, and other public transport areas.
Water supply and drainage services include collection, purification and distribution of water, drainage services and construction and maintenance of water supply and drainage networks.
Within the Group there are companies for energy services: they offer gas distribution services and production of energy from renewable sources.
Special activity is a production and distribution of pharmaceuticals, children's food, cosmetics and other health care, with integrated galenic and analytic labs.
Holding issued a local currency municipal bond that was largely purchased by local pension funds.
History
Zagreb Holding was established in 2006, but the history of its services goes back to the second half of the 19th century, when the first utilities' companies were established in Zagreb. Condition of communal infrastructure is the most important indicator of development in any city, and Zagreb's state of communal affairs shows that the city is part of European capitals for more than 100 years.First Zagreb's utilities' company that was established was Plinara - in 1862. Other of Zagreb's utilities' companies were established in the first half of the 20th century. Rapid growth of the city and the city infrastructure, as well as a rapid rise in population, both due to industrialization and deruralization of the surroundings, forced city administration to establish other utilities' and communal companies.
Zagreb Holding, established in 2006, was in charge of expanding and improvement of communal and utilities services. At the time, it was known as Gradsko komunalno gospodarstvo d.o.o. In 2007 the company changes its name into Zagreb Holding ltd., being the first of its kind in Croatia.
Structure
Holding consists of 12 subsidiaries, 6 companies and 1 institution.Branches (subsidiaries)
- Arena Zagreb
- Autobusni kolodvor Zagreb
- Zagreb Markets (Tržnice Zagreb)
Companies
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