Hrvatski Telekom, the leading provider of telecommunications services in Croatia, announces that the purchase transaction was concluded today for a 100% stake in the HP Produkcija d.o.o., Evo TV service provider.
The structure of the purchase transaction of HP Produkcija d.o.o. includes the payment of the purchase price partly in cash, and partly by the transfer of certain HT real estate, as well as the transfer of HT's ownership share of 30.29% in HP d.o.o. Mostar, the Federation of Bosnia and Herzegovina, the postal service company, to HP-Hrvatska pošta d.d.
The transaction was concluded after yesterday’s approval by HAKOM for HT to take over HP Produkcija d.o.o., the provider of Evo TV service. HP Produkcija d.o.o. continues to operate as a daughter company of HT, and HT's intention is to further develop and improve Evo TV service.