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ALL PARTIES IN SISAK IRONWORKS SALE SIGN ANNEXE AS REQUIRED BY GOVT

SISAK IRONWORKS SALE SIGN ANNEXE AS REQUIRED BY GOVT SISAK, March 8 (Hina) - The third and last party in the sale of Sisak's ironworks to the Russian company Mechel, Conares Trading CEO Vladimir Iorich, has signed the annexe to the sales contract last night, a union representative told Hina on Saturday.
SISAK, March 8 (Hina) - The third and last party in the sale of Sisak's ironworks to the Russian company Mechel, Conares Trading CEO Vladimir Iorich, has signed the annexe to the sales contract last night, a union representative told Hina on Saturday. #L# Iorich submitted his signature by fax, thus fulfilling the Croatian government's request of March 6, said Mato Somic. The government had postponed putting into force the sales contract because not all the required signatures had been put on the contract annexe. Somic said the unions active in the ironworks hoped the government would make the decisions necessary to verify the contract as early as Monday. The annexe to the contract on the sale of the ironworks to Switzerland's Conares Trading and its Croatian company Mechel Ironworks, which bought the Sisak plants on behalf of the Russian company Mechel, was signed on Friday by the bankruptcy administrator in the ironworks, Ilija Maric, and Mechel's representative for South East Europe, Viktor Trigubko. After the government decided to postpone verifying the sales contract, unions active in the ironworks yesterday convened an extraordinary session at which they gave all the parties in the venture until noon on Monday to submit the sales contract annexe with all the necessary signatures and urged the government to adopt the decisions required to put the contract into force. (hina) ha

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