Croatian gov't decides on privatisation of shipyards

  • Autor:
  • Zadnja izmjena 22.03.2012 12:15
  • Objavljeno 22.03.2012 u 12:10


Izvor: / Autor: Tportal

The Split shipyard will be sold to the Samobor-based DIV company, while the bids by businessman Danko Koncar for the purchase of the shipyards in Trogir and Kraljevica were turned down, whereby the Kraljevica dock will file for bankruptcy, and a new solution will be sought for the shipyards in Trogir and the Rijeka-based "3.Maj". The Uljanik shipyard will be privatised according to the Employee Stock Ownership Plan (ESOP) with the injection of fresh capital, according to decisions made by the Croatian government at its session on Thursday.

Croatia will preserve its shipbuilding industry, we will continue building big ships, with somewhat lower gross registered tonnage, Prime Minister Zoran Milanovic said while commenting on today's decisions.

Over the last 50 to 60 years, Croatian shipyards have been owned by the state that has been responsible for all their losses and poor business performance. This cannot be so any longer, things must change, and we have no more time to lose, Milanovic said.

We have negotiated with the EU only what we could. This is a reality. The previous government and negotiators were limited by some real frameworks and they could do nothing else, the premier said.

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