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COURT WON'T INTRODUCE TEMPORARY MEASURES IN "CROATIA BUS"

ZAGREB, Jan 3 (Hina) - The Zagreb-based Commercial Court dismissed as unfounded the demand of 149 workers of "Croatia Bus", who insisted on the introduction of temporary measures in the company. The court explained that the 149 workers provided no evidence to support their claims.
ZAGREB, Jan 3 (Hina) - The Zagreb-based Commercial Court dismissed as unfounded the demand of 149 workers of "Croatia Bus", who insisted on the introduction of temporary measures in the company. The court explained that the 149 workers provided no evidence to support their claims. #L# A group of the company's workers asked the Commercial Court to set up a temporary administration and replace Trpimir Sulic as a member on the governing board. They also asked the court not to allow Leon, Trpimir and Velimir Sulic to use and sell shares of "Croatia Bus" until the resolution of a lawsuit launched with the aim to establish who had the right to hold the company's shares. The court established that the workers-protesters did not offer credible evidence for their claims, which was the basic condition for ruling temporary measures, and their demand was turned down. The dissatisfied workers asserted that they were the real owners of the company's shares and that this was evident from the register of the Croatian Privatisation Fund. They said they had become owners of shares created after the inflow of fresh capital into "Croatia Bus". They say that they filed a suit in order to show that the listing of the three Sulics as holders of shares was invalid, and that they are entitled to rights as shareholders, given that the Sulics obtained shares through illegal activities and wrongdoing. A group of some 40 workers, who were fired from the company by the Sulics, have been mounting blockades at the main entrance to the company since the start of November. The Sulics claim that workers have no evidence to confirm their assertions, and add that they have obtained the shares legally. They also refute allegations that they have embezzled money and assets from the company. On Friday, the leader of New Union, Mario Ivekovic, expressed dissatisfaction with the Commercial Court's ruling. "What more did the judge need for the ruling if the findings of the state audit about illegal transformation of ownership in 'Croatia Bus' and on how Sulic seized shares from workers was insufficient," Ivekovic said, adding that they would appeal against this decision to the High Commercial Court. Trpimir Sulic said that the ruling of the Zagreb Commercial Court proved that the rule of law was functioning. Sulic added that a hearing was scheduled for 22 January at the Zagreb Municipal Court in relation to a suit he had lodged for trespassing, and he hoped the ruling would be in his favour. (hina) ms sb

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