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SISAK IRONWORKS IN BANKRUPTCY AGAIN

SISAK IRONWORKS IN BANKRUPTCY AGAIN SISAK, Nov 5 (Hina) - The Austrian-Russian concern "Trubo Impex" from Vienna has abandoned the Sisak Ironworks project, the sales contract has been terminated and Sisak Ironworks, with 1,700 workers, is once again in bankruptcy, chief commissioners of two Croatian metal workers' unions, Mato Somic and Ivica Kenda, said at a news conference on Tuesday.
SISAK, Nov 5 (Hina) - The Austrian-Russian concern "Trubo Impex" from Vienna has abandoned the Sisak Ironworks project, the sales contract has been terminated and Sisak Ironworks, with 1,700 workers, is once again in bankruptcy, chief commissioners of two Croatian metal workers' unions, Mato Somic and Ivica Kenda, said at a news conference on Tuesday. #L# Representatives of both unions were informed of Trubo Impex's decision to abandon the management of Sisak Ironworks Nova by the bankruptcy estate manager in Sisak Ironworks d.d., Ilija Maric. Maric met the chairman of the Sisak Ironworks Nova Supervisory Committee and Trubo Impex representative, Vladimir Malinov, in Moscow on Monday. Both unions have invited bankruptcy estate manager Maric to attend a protest rally which will be staged on Wednesday. Maric should inform the workers of the termination of the contract with Trubo Impex as well as of the Zagreb Commercial Court's Bankruptcy Council's plans with regard to Sisak Ironworks. The workers continue to insist on the continuation of production and the payment of August and September wages. Ironworks employees will hold a protest rally outside the Croatian government building in downtown Zagreb on November 7. (hina) it sb

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