Independent journal on economy and transport policy
20:15 GMT+1
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Brussels authorizes a modification to the plan of restructure of the Croatian ship yard Brodosplit
the privatization contract will be signed within next 28 February
February 20, 2013
the EU commission has authorized a modification to the plan of restructure and the contract of privatization of the Croatian ship yard Brodosplit, variation - Brussels has explained - that previews a modest increase of the total amount of the aids for the restructure of the navalmeccanica company let alone the concession of proportional economic measures for the reorganization of the society.
the Commission has specified to have received the proposal of Croatia to ulteriorly reduce the annual productive roof of the shipbuilding plant and has confirmed that the contribution to the restructure from the buying group - that is the Croatian DIV whose slowly of restructure for the Brodosplit yard 2011 from the Croatian authority antitrust is approved of in the February and the EU commission( 26of March 2012) - is real, lacking in aids of State and still it represents the 40% of the all in costs of restructure. Moreover Croatia has been engaged to sign the contract of privatization within next 28 February in order to allow the completion of the process of privatization within the next 1° July, when Croatia joins to the Europe Union.
"Is pleased - the vice president of the EU commission, Joaquín Almunia has commented, responsible for the competition - than has found a satisfactory solution for the restructure of the Brodosplit ship yard. This means that the privatization can now proceed in conformity with the engagements assumed from Croatia in the within of the Action of Adhesion. The performance of the restructure plan would have to allow with the new owners of Brodosplit and the dependent of the society to turn over and of giving a new future to this yard" .
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