Dina and Dioki case

Dina petrochemical union insists gov't sticks to its promise

08.01.2013 u 17:20

Bionic
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The workers' union at the Dina petrochemical company insists that the government adheres to its decision adopted in August last year on a concept for the privatisation of Dina and Dioki, another petrochemical company, and that the national electricity provider, HEP, pay EUR 6 million in advance for the purchase of land owned by Dina so that some overdue salaries can be paid.

The union's leader, Predrag Mihaljevic, after a meeting with representatives of the Economy Ministry on Tuesday, told the press that the ministry had said it would investigate the possibility of the advance payment which was part of the government's decision.

He added that a contract could be signed between Dina and HEP within the week by which the company would pay its electricity at the prices set before it fell into difficulties.

Mihaljevic said that he was partially satisfied with the meeting and that workers would only be pleased when they receive their overdue salaries and production was restarted.

He claims that the latest appraisal of a site on the northern island of Krk as the planned location for a future LNG terminal, putting its value at EUR 22-23 mln, was conducted unprofessionally and exclusively in favour of HEP. The union considers the land is worth around EUR 47 mln.

Dina, a member of the Dioki Group, on 30 November 2012 submitted an application for pre-bankruptcy settlement and the procedure was commenced last week.