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MAJORITY OWNER TO INJECT 1.7 MILLION EUROS INTO AILING SHIPYARD

RIJEKA, July 22 (Hina) - The majority share-owner and chairman of the Supervisory Board of the Viktor Lenac shipyard, Giancarlo Zacchelo, on Tuesday accepted a plan for the financial restructuring of and completion of investments in the ailing company.
RIJEKA, July 22 (Hina) - The majority share-owner and chairman of the Supervisory Board of the Viktor Lenac shipyard, Giancarlo Zacchelo, on Tuesday accepted a plan for the financial restructuring of and completion of investments in the ailing company. #L# Zacchelo decided to inject 1.7 million euros through his other companies, the shipyard management said in a statement on Tuesday. Zachello's Beleggingsmaatschappij Ella III and Montiron Shipping Corporation Ltd., which hold 33.55 percent of shares in Viktor Lenac, will invest the money "within a time-frame defined in the restructuring plan", according to the statement. (hina) ms

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