Croatia´s electrical car project looks for investors in diaspora

The creator of Croatia’s first electric car is looking to attract private investors from Croatian diaspora in order to finance production of the vehicle. Vjekoslav Majetic, the owner of Dok-Ing Automotive, says that future shareholders would have 49 per cent of ownership over the company. That would mean that Dok-Ing would not be listed on the Zagreb stock exchange, but that the shares would be sold to known interested investors. Majetic is particularly looking to the Croatian diaspora, which he says, has shown a lot of interest in the project.

While it was previously reported in the media that Majetic planned to link up with the world’s leading auto-mobile companies, he says these are not his intentions. He is, however, negotiating with potential investors. At the beginning of 2011 he plans to start a pre-series production that would be financed by Dok-Ing, the business portal Poslovni Dnevnik writes.

News source: Croatiantimes.com link: article