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Croatian PM on offers for Pliva

LIPOVAC, June 30 (Hina) - Croatian Prime Minister Ivo Sanader said on Friday that the price of Pliva's stocks was very important but not the most important criterion in the privatisation of that pharmaceutical company.
LIPOVAC, June 30 (Hina) - Croatian Prime Minister Ivo Sanader said on Friday that the price of Pliva's stocks was very important but not the most important criterion in the privatisation of that pharmaceutical company.

"Keeping existing jobs and having Pliva remain a recognisable brand on the European and world markets is far more important for us," Sanader said asked to comment on the latest bids for the takeover of the Croatian drugs company.

He said that interest of offerors to invest in Pliva's further development was far more important to his cabinet than the price of stocks.

Sanader said his government would grant the takeover to the bidder who plans to invest in Pliva's development.

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