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INA MANAGEMENT: SISAK REFINERY WILL NOT BE CLOSED DOWN

SISAK REFINERY WILL NOT BE CLOSED DOWN SISAK, Jan 27 (Hina) - Officials of the Croatian oil company INA said at a meeting with local authorities and Sisak Refinery employees on Monday the company would modernise its refineries in Rijeka and Sisak and dismissed allegations that the strategic partner in the privatisation of INA would close the Sisak refinery.
SISAK, Jan 27 (Hina) - Officials of the Croatian oil company INA said at a meeting with local authorities and Sisak Refinery employees on Monday the company would modernise its refineries in Rijeka and Sisak and dismissed allegations that the strategic partner in the privatisation of INA would close the Sisak refinery. #L# "Claims that the new strategic partner in the privatisation of INA will close down the Sisak refinery are unrealistic and unfounded, because once it buys a share in the company, the new partner will accept INA's business plan until the year 2007, according to which the operation of the Sisak refinery is indisputable," said the head of the company's management board, Tomislav Dragicevic. Representatives of the local authorities and the Sisak Refinery Workers' Union supported plans aimed to keep the Sisak refinery operating. (hina) rml sb

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