OIV expands its activities to marine electronics and communications

OIV expands its activities to marine electronics and communications

By the decision of the Commercial Court in Zagreb dated April 8, 2024, OIV completed the merger procedure of the company PCE (Pomorski centar za elektroniku d.o.o.) from Split. In this way, a unique company was created, and it will continue to participate in the market under the name Odašiljači i veze d.o.o. (TRANSMITTERS AND COMMUNICATIONS L.T.D.), now providing additional services in the fields of marine electronics and communications.

The merger will increase the efficiency of the merged Company and improve the utilization of state assets and the total portfolio of state-owned companies. At the same time, it represents a major contribution to meeting the recommendations and guidelines of the OECD and implementing the reform of the corporate governance of state-owned legal entities, while also creating benefits for the employees of both companies, as well as for their owner – the Republic of Croatia.

Empowered by the potentials of PCE, OIV additionally diversifies its business, significantly increases its revenue potential, reinforces human resources and financial strength, at the same time expanding its market, acquiring new customers, increasing investment potential, and creating concrete business savings.

On the day of registration of the merger at the Commercial Court in Zagreb, Pomorski centar za elektroniku d.o.o. ceased to exist as a company, and Odašiljači i veze d.o.o. continues its operations with all its rights and obligations and is the universal legal successor of the merged company and takes over all assets, rights and obligations, business functions and all legal relationships.