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DEFENCE MINISTRY HANDS OVER HOTELS TO PRIVATISATION FUND

ZAGREB, May 9 (Hina) - Defence Minister Jozo Rados and Croatian Privatisation Fund (HFP) vice president Kresimir Starcevic on Thursday signed an agreement on the hand-over of ten tourist facilities which the HFP had taken over from the Defence Ministry.
ZAGREB, May 9 (Hina) - Defence Minister Jozo Rados and Croatian Privatisation Fund (HFP) vice president Kresimir Starcevic on Thursday signed an agreement on the hand-over of ten tourist facilities which the HFP had taken over from the Defence Ministry. #L# The facilities are estimated at around ten billion kuna (EUR1.35 million) The agreement signing constitutes the execution of a government decision on the transfer of state-owned real estate which was managed by the Defence Ministry to the HFP to be prepared for further privatisation, said Rados. He added it was important that the agreement would keep 383 workers employed while the hotels remained owned by the HFP. The Defence Ministry now retains only one hotel, "Zagreb" in Dujilovo near Split, and three accommodation facilities for officers - the hotels "Iz" in Zadar, "Veli Joze" in Pula, and "Zvonimir" in Zagreb. (hina) ha sb

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