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"BOROVO" DIRECTOR: SURPLUS WORKERS SHOULD BE PROVIDED FOR

VUKOVAR, Jan 10 (Hina) - The management of the footwear factory "Borovo" believes that the 2,320 non-assigned workers, who are to be laid off, are not responsible for losing their jobs and should therefore be provided for properly, factory director Nino Bajza said at a news conference in Vukovar on Friday.
VUKOVAR, Jan 10 (Hina) - The management of the footwear factory "Borovo" believes that the 2,320 non-assigned workers, who are to be laid off, are not responsible for losing their jobs and should therefore be provided for properly, factory director Nino Bajza said at a news conference in Vukovar on Friday. #L# "I believe that neither those people nor 'Borovo' can or should bear the consequences of the war and war destruction on their own," Bajza said. Bajza was supported by members of the factory's management board, Vukovar County prefect Nikola Safer and Vukovar mayor Vladimir Stengl, who also attended the news conference. The non-assigned workers, who were to be laid off on January 1, have still not been handed notices because the Employment Bureau had returned to the company management for completion a draft plan of care for the non-assigned workers. Management board member Davor Arezina said the draft envisaged severance pays amounting to 45 million kuna. Director Bajza said that the company's management and supervisory committee had suggested to the Croatian Privatisation Fund (HFP), a 100% owner of the company, to solve the problem of non-assigned workers by leasing the company's immovable assets to the Vukovar Business Zone. The assets, which have been estimated at 160 million kuna, would help write off the company's debt to pension and disability insurance funds and obtain money for the payment of severance pays, which requires 84 million kuna. At the same time, the company's drawing account would be unblocked. However, three days ago, the HFP management board turned down the proposal, Bajza said, adding that the HFP had "ordered its expert services to exclude from the company's ownership the immovable assets intended for the Vukovar Business Zone and transfer them to the Fund for the Reconstruction and Development of Vukovar City". The decision, Bajza claims, has caused damage to Borovo and its 1,300 workers who despite more than 300 million euros of damage caused to the company by the war have contributed to keeping the company's annual financial result positive for the last four years. The workers who are to be laid off are part of a group of some 7,000 workers who in 1991 were expelled from Vukovar with other Croats and non-Serbs. By the end of 2002, solutions were found for 4,700 workers by transferring them to other companies, sending them into retirement or employing them in Borovo's newly-established daughter firms. As funds for pension and health insurance for the remaining 2,320 workers were lacking, the company had to announce the termination of their work contracts. (hina) rml

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