Hrvatske ceste
Encyclopedia
Hrvatske ceste 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 state-owned company pursuant to provisions of the Croatian Public Roads Act ( enacted by the Parliament of the Republic of Croatia.
Tasks of the company are defined by Public Roads Act and its Founding Declaration, and the principal task of the company is management, construction and maintenance of public roads. In practice, Hrvatske ceste are responsible for the State roads in Croatia (designated with D), the county (Ž) and local (L) roads are managed by county authorities, while the motorways (A) are managed by Croatian Motorways Ltd and other concessionaires.

The company is currently administered by a three-person managing board consisting of Jakov Krešić (chairman and Josip Škorić and five-member supervisory board.

The company was first established on April 6, 2001, under the law promulgated on on April 5, 2001, with the share capital of the company worth 128,898,200.00 Croatian 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....

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Hrvatske ceste are organized in six business sectors: Studies and design, Construction, Maintenance, Procurement, Financial and business operations and Legal, personnel and general sectors.

All profits generated by Hrvatske ceste are used for construction and maintenance of the roads the company manages.
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