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PRODUCTION IN PETROKEMIJA CHEMICAL INDUSTRY RESTORED

KUTINA, Feb 6 (Hina) - Gas supply to the Croatian chemical industry Petrokemija from Kutina has been restored and the company has continued the production of mineral fertilisers, however, a permanent solution is still being sought, a headquarters for the protection of Petrokemija said in a statement on Tuesday. Petrokemija stopped operating on January 25 after the oil company INA stopped supplying it with gas. Following the normalisation of supply, the plant resumed operating on February 26. The headquarters said the company's supervisory board would hold a session tomorrow to discuss the election of the company's new director. The activities of the headquarters will resume with the aim of finding a more permanent solution for the company's operation in line with an agreement on its privatisation from 1998, the statement said. Once the company's ownership structure as defined by the agreement has been established,
KUTINA, Feb 6 (Hina) - Gas supply to the Croatian chemical industry Petrokemija from Kutina has been restored and the company has continued the production of mineral fertilisers, however, a permanent solution is still being sought, a headquarters for the protection of Petrokemija said in a statement on Tuesday. Petrokemija stopped operating on January 25 after the oil company INA stopped supplying it with gas. Following the normalisation of supply, the plant resumed operating on February 26. The headquarters said the company's supervisory board would hold a session tomorrow to discuss the election of the company's new director. The activities of the headquarters will resume with the aim of finding a more permanent solution for the company's operation in line with an agreement on its privatisation from 1998, the statement said. Once the company's ownership structure as defined by the agreement has been established, the headquarters said it would be ready to accept a serious analysis and debate about the company's restructuring. Restructuring aimed solely at laying off workers and setting apart some sectors of the company, without a clear vision of their future, will never be accepted, the headquarters said. The government will discuss the financial consolidation of companies in which it holds a majority share, including Petrokemija, at a session in mid-February. (hina) rml ,

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