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POLEMIC OVER SALE OF HOTEL COMPANY TO SLOVENES CONTINUES

ZAGREB, Jan 25 (Hina) - Zlatko Tomcic, the president of the Croatian Peasants' Party (HSS), said on Saturday the party wanted the government to revoke a decision on selling the Suncani Hvar hotel company to Slovenia's Terme Catez, annul the international tender, and return everything to the starting position.
ZAGREB, Jan 25 (Hina) - Zlatko Tomcic, the president of the Croatian Peasants' Party (HSS), said on Saturday the party wanted the government to revoke a decision on selling the Suncani Hvar hotel company to Slovenia's Terme Catez, annul the international tender, and return everything to the starting position. #L# "The HSS will request clarifying completely Croatia's stand toward the new Ljubljanska Bank and establishing if this bank is in Terme Catez's ownership structure," Tomcic told Hina. Those who have liabilities towards the Croatian state can in no way participate in privatisation in the country, he stated. He sees the culprit behind the decision to sell Suncani Hvar to the Slovenes in the Croatian Privatisation Fund (HFP), and holds Tourism Minister Pave Zupan-Ruskovic indirectly responsible as well. For the time being Tomcic said he did not know if responsibility would go even further, but announced the HSS, one of the ruling coalition's five parties, would request determining liability and replacing all who were guilty in the Suncani Hvar sale. Expressing doubts regarding the privatisation process, a HSS source said on condition of anonymity that papers on the sale indicate Terme Catez is willing to invest some EUR14 million in the hotels while another Slovene company, Kompas, offered 50 million. Moreover, Terme Catez also plans to invest EUR31 million to build two new marinas, something that was not even offered in the tender, said the source. Despite protestations from the HSS ministers and a deputy premier, the Croatian government on Thursday decided to sell 62.3 percent of shares in Suncani Hvar to Terme Catez for about EUR44 million. The Slovene company would make a down payment of 9.9 million, with the rest to be invested over the next five years. In negotiations with the Slovenes, the government bound the HFP to secure all guarantees required for investments envisaged and to clear anything that might be contentious given Terme Catez's credibility. Commenting on Tomcic's statement, the tourism minister said today she did not know what all the ballyhoo, fear and panic was about when a contract had not been signed yet. The final decision depends on the sale contract which has yet to be drawn up and proposed to the government, which either accepts it or not, Zupan-Ruskovic told Hina. She said it was not correct that the Kompas offer was better than that of Terme Catez. Asked about the EUR31 million offer for two marinas, the minister said the building of marinas depended on the decision of Hvar's town authorities. (hina) ha sb

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