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INA says it has never made decision on severance pay packages for five officials

Izvor: HINA
ZAGREB, Dec 8 (Hina) - The management of the leading Croatian INA oilcompany has never made any decision on severance pay packages or theirvalue, the company's public relations office said on Wednesday inresponse to reports in the Croatian press about five dismissed membersof the managing board having been offered 1.5 million kuna each ascompensation for loss of office.
ZAGREB, Dec 8 (Hina) - The management of the leading Croatian INA oil company has never made any decision on severance pay packages or their value, the company's public relations office said on Wednesday in response to reports in the Croatian press about five dismissed members of the managing board having been offered 1.5 million kuna each as compensation for loss of office.

The Jutarnji List daily reported today that Zeljko Belosic, Boris Cavrak, Sanjin Kirigin, Milan Ujevic and Zeljko Vrbanovic, who were dismissed from the managing board in July this year, were offered each 1.5 million kuna as severance pay.

INA said it had never made such a decision.

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