Tisak is moving to Zitnjak

Tisak, the biggest chain of newsagent’s, is moving to the new location in the end of July. They are moving out of Vjesnik building and moving into the building in Zitnjak, as they informed from Agrokor. The investment is 18 mil Euros worth (without the price of the ground and the price of equipment). The new premises will consist of the new distribution center and the headquarters in the area of 14 thousand square meters. This would mean large savings and synergy effects in the business operations of Tisak. There will be more than 600 employees at this location only. Tisak will rent the place and the investor is the company called Vetel owned by Ivan Granic who is also a co-owner of Distri-press.

As the leading Croatian distributor of magazines, tobacco products, prepaid phone cards, start packages of mobile phone operators etc. their revenues in the year 2011 were 3.24 billion HRK or 8.8 percent more than in the previous year. The expenses were 3.22 billion HRK or 7.3 percent more than in 2010. These results were recorded in Zagrebacka burza. The income was 23.88 mil HRK as opposing to the lossof 15.55 mil HRK in the previous year. The majority of daily newspapers in Croatia are sold through Tisak newsagent’s shops and there are more than 1,500 such places. They also distribute papers to more than 6,800 spots owned by their partners in the whole territory of Croatia.