Dalmacijavino

Berkowitz given until 5pm to submit documents for takeover of Dalmacijavino

31.01.2012 u 15:42

Bionic
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The Croatian Ministry of Economy has given the owner of Traubi International, Salomon Berkowitz, until 1700 hours on Tuesday to submit to the State Property Management Agency (AUDIO) a restructuring plan, a response to the proposed sales contract and proof of a bank guarantee for the purchase of the Split-based drinks producer Dalmacijavino, Deputy Economy Minister Tamara Obradovic Mazal said after a meeting with trade union leaders representing Dalmacijavino.

"If Mr Berkowitz fails to submit the required documents by 5pm today, Dalmacijavino will immediately become subject to the bankruptcy law," Obradovic Mazal told a press conference.

The head of the Croatian Association of Trade Unions (HUS), Ozren Matijasevic, said he was pleased with the outcome of the meeting, adding that the workers had achieved their principal goal -- to find out at what stage negotiations on the takeover of Dalmacijavino by Traubi International were.

"There is no more buying of time. Now we know that the required documents which would make Berkowitz's offer valid have not been submitted," Matijasevic said, adding that the workers would want the privatisation to succeed and Dalmacijavino to start operating again.

Matijasevic said that it had also been agreed that the workers would be paid two of the five overdue monthly salaries.

After the trade union leaders informed the workers about the results of the meeting, the protest rally ended.