EBRD has acquired a minority stake in Geofoto Group

February 12nd  2010
Geofoto Group signed a contract with the European Bank for Reconstruction and Development (EBRD), with which EBRD becomes a shareholder of this leading European company in domain of geodesy and geoinformation

Geofoto Group will use the funds to implement its 2010/2011 investment plan.

Geofoto’s financial advisor was InterCapital, Croatia’s leading independent investment group, with whom Geofoto is preparing an initial public offering (IPO) for 2012.