Independent journal on economy and transport policy
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The Croatian government has accepted the offer of Kermas Energija for the acquisition of the Brodotrogir ship yard
95.24% of the share capital will pass of hand to the symbolic price of a kuna
July 20, 2012
Yesterday the Croatian government has deliberated the acceptance of the offer of the Kermas Energija of Zagreb for the acquisition of the Brodotrogir ship yard, that he previews the purchase of 1.177.014 sets in action of the navalmeccanica company of Trogir for a quota pairs to 95.24% of the capital of the society. The cession will happen to the symbolic price of a kuna.
Announcing the decision of the executive, the vice Prime Minister and minister of the Economy of Croatia, Radimir Cacic, it has remembered the repeated failed attempts of privatization and restructure of the ship yards publics and has emphasized that from the beginning of this year the government has intensified negotiates for their privatization with the potential investor and has lead a series of preliminary initiatives to the aim to establish the conditions for the realization of the privatizations and the program of restructure of the yards.
The plan of restructure of the national yards - it has specified - will demand by the Croatian State an ulterior investment of 2,5 billion kuna (beyond 300 million euros) in next the five years that will join to about 28,4 billion kuna invested in last the 20 years. Draft a total figure of 30,6 billion kuna in shared period 1992-2017 between the Uljuanik ship yards (4,38 billion kuna), 3.Maj (8,46 billion), Brodosplit (11,57 billion), Brodotrogir (4,27 billion) and Kraljevica (1,95 billion).
The plan of restructure of the yard of Brdotrogir introduced from Kermas Energija, society that is under responsibility of the Croatian entrepreneur Danko Koncar, previews a reduction of the number of the workers of the plant who, regarding 1.239 dependent on 31 December, will come down in period 2012-2017 from 1.000 to 895 units. The plan previews investment of 5,01 billion kuna (667 million euros), of which 3,00 billion public funds, and it previews also a widening of the market of the yard introducing new forms of business, between which the income in new fields as that of the nautical one and the superyacht and the construction of tourist ports.
Cacic has moreover confirmed the decision of the government to yield the ship yard Brodosplit di Spalato to Croatian group DIV ( on 26 March 2012).
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