Luka Rijeka
Encyclopedia
Luka Rijeka is a Croatia
Croatia
Croatia , officially the Republic of Croatia , is a unitary democratic parliamentary republic in Europe at the crossroads of the Mitteleuropa, the Balkans, and the Mediterranean. Its capital and largest city is Zagreb. The country is divided into 20 counties and the city of Zagreb. Croatia covers ...

n port operating company which operates port facilities at the largest Croatian Port of Rijeka
Port of Rijeka
The Port of Rijeka is a seaport in Rijeka, Croatia, located on the shore of the Kvarner Gulf in the Adriatic Sea. The first records of the port date to 1281. It was the main port of the Kingdom of Hungary in the 19th century and the beginning of the 20th century, of Yugoslavia between World War II...

. In 2010, Luka Rijeka d.d., a concessionaire of the Port of Rijeka reported net profit of 32,000 kuna
Croatian kuna
The kuna is the currency of Croatia since 1994 . It is subdivided into 100 lipa. The kuna is issued by the Croatian National Bank and the coins are minted by the Croatian Monetary Institute....

 (4,300 euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...

), a sharp decline from 3.5 million kuna (0.47 million euro) net profit of 2009. Total income in 2010 reached 210.4 million kuna (28.4 million euro), down from 228.9 million kuna (30.9 million euro) in 2009. In 2010, the company had 935 employees. Share capital of the company is 598 million kuna (80.8 million euro), and it is listed at the Zagreb Stock Exchange
Zagreb Stock Exchange
The Zagreb Stock Exchange or ZSE is a stock exchange located in Zagreb, Croatia. It is Croatia's only stock exchange. The exchange trades shares of Croatian companies, as well as bonds and commercial bills....

. Since 2002, chairman of the board of the company is Denis Vukorepa. The appointment is limited to a five-year term, and in May 2011, appointment of Denis Vukorepa was extended for the second time. Luka Rijeka d.d. is owned by the state
Government of Croatia
The Government of the Republic of Croatia , commonly abbreviated to Croatian Government , is the main element of the executive branch of government in Croatia. It is led by the President of the Government , commonly abbreviated to premier...

(72.7%), Croatian Healthcare Fund (8.1%) and other stockholders, none of which owns more than 5% of the company stock. Luka Rijeka d.d. concession in the Port of Rijeka is valid until 2012, and a request to renew the concession for another 30 years has been filed.
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