ZAGREB, July 22 (Hina) - The trade union of employees of the INA oil company said on Tuesday that the price of US$505 million, which Hungary's MOL had paid for 25 percent plus one share of INA, was realistic, but that INA would not be
able to become "a regional player" under the present privatisation model.
ZAGREB, July 22 (Hina) - The trade union of employees of the INA oil
company said on Tuesday that the price of US$505 million, which
Hungary's MOL had paid for 25 percent plus one share of INA, was
realistic, but that INA would not be able to become "a regional
player" under the present privatisation model. #L#
Union leader Bozo Mikus told a press conference that his union had
supported a model under which workers would have become majority
owners or INA and MOL would have merged to form a strong company in
Central Europe.
(hina) vm