Croatian Shipping Company and Slovenian Iskra Join Forces

As Novac/Jozo Vrdoljak/Privredni.hr writes on the 7th of February, 2020, the Croatian shipping company Zadar Tankerska plovidba and the Slovenian company Iskra have jointly taken over the Dubrovnik shipping company GV Line and together they’re set to enter the market of regular coastal transport. They believe that this is a challenging but still financially viable business model for both companies involved.

The contract on transferring business interests from the previous owner Lenko Garbin was signed on the 4th of February, 2020, in Zadar. The G&V line company owns the Nonna Anna catamaran that maintains the state line of Lastovo-Korcula-Mljet-Sipan-Dubrovnik and vice versa. The new owners plan to expand that here in Croatia, which they believe is necessary given the fact that the international eye is no longer solely focused on just Southern Dalmatia and that there is steady growth of tourist traffic in the Republic of Croatia as a whole.

It is well known that the fleet that maintains regular and tourist shipping lines is outdated, and Tankerska plovidba and Iskra will first and foremost take care of the quality of their service and respect the highest environmental standards when procuring their new ships.

Tankerska plovidba is the largest Croatian shipping company with a tradition of more than 60 years. It has 12 cargo ships in its fleet, and operates another 6 from the Tankerska Next Generation shipping company, in which Tankerska plovidba owns 51 percent of the shares.

The Slovenian Iskra Group is a leading regional provider of intelligent industrial solutions and state-of-the-art electrical products, with a long tradition (founded in 1946).

It is the largest Slovenian company dealing with process automation, communication and security systems for the distribution of electricity, transmission and network systems, communications through high voltage lines, the automation of railway and road transport, and software solutions in the field of energy and logistics.

A year ago, their company established in Croatia, Iskra Shipyard, took over a shipyard in Sibenik, which was bankrupt. In that short period, they have increased their workload by 20 percent and are creating new jobs.

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