Independent journal on economy and transport policy
18:12 GMT+1
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The Croatian government has announced the cession of the ship yard 3.Maj to the Jadranska ulaganja (Kermas group)
To the same society the navalmeccanico plant Brodogradiliste Kraljevica is sold
February 11, 2011
The Croatian government has decided to yield the ship yard Brodogradjevna Industrija 3.Maj to the Jadranska society ulaganja, investment trust that takes part of the Kermas group of the Croatian entrepreneur Danko Koncar, the only one to have introduced an offer in order to acquire 83.32% of the capital stock of the yard for a symbolic fee of a kuna Croatian in the within of the third attempt of privatization of the plant. At the end last year the cession of 99.54% of the capital stock of the ship yard Brodogradiliste Kraljevica to the same Jadranska was decided ulaganja.
Explaining the decision of the executive, the minister of the Economy, the job and the enterprises, Duro Popijac, it has declared that with this initiative, with others adopted by the government in these days, comes capacity to term the entire procedure. The minister has specified that the government is working alacremente together with the EU commission in order to resolve the relative issues to the competition in the picture of the negotiations for the income of Croatia in the EU. To such Popijac purpose he has said that Jadranska ulaganja has introduced all the necessary documentation, included a plan of restructure of the yard that will be sent to the agency antitrust and to the EU commission.
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