HŽ Cargo
Croatian state-owned freight transport company
From Wikipedia, the free encyclopedia
HŽ Cargo (lit. 'Croatian Railways Cargo') is a Croatian state-owned freight transport company. It was formed on 20 July 2006 from the Croatian Railways' cargo branch in order to comply with EU directive 91/440, as part of Croatia's accession process to join the European Union,[1] and began operations on 1 January 2007. Its current CEO is Dragan Marčinko. The management also includes the supervisory board, the audit board and the Minister of Sea, Transport and Infrastructure Oleg Butković.[2]
| Type | State-owned |
|---|---|
| Industry | Rail transport |
| Predecessor | Croatian Railways |
| Founded | 20 July 2006 |
| Headquarters | Heinzelova ulica 51, Zagreb, Croatia |
Area served | Croatia |
| Key people | Dragan Marčinko (CEO) |
| Revenue |  €87.4 million (2023) |
| €2 million (2023) | |
| Owner | Republic of Croatia |
Number of employees | 932 |
| Website | www |
Ever since the market was liberated in 2013 and private cargo companies were allowed on Croatian tracks, HŽ Cargo has lost market share. In 2023, the Government of Croatia began a process to sell the company.[3]
In 2013 Grup Feroviar Român purchased a 75% shareholding in the business.[4]
