ZAGREB, April 5 (Hina) - At Thursday's session the Croatian government adopted a new bill on privatisation which envisages five ways of privatising stock and stocks from the Croatian Privatisation Fund portfolio. According to the
bill, the stock and shares of more than 2,300 companies in the portfolio could be sold at accountancy value; through the workers' shares programme, or through selling to employees at very acceptable prices; through the sale to Croatian citizens with a discount and payment in rates; the sale at the price of one kuna with the obligation of taking over all old debts of the company; or though a direct agreement. The bill stipulates a separate law should regulate the privatisation of the INA oil company, HEP utility company, Croatian Post, Croatian Railways and Croatian Forests. The government has committed the Tourism Ministry to make a draft law on camps, which should provide an answer to the
ZAGREB, April 5 (Hina) - At Thursday's session the Croatian
government adopted a new bill on privatisation which envisages five
ways of privatising stock and stocks from the Croatian
Privatisation Fund portfolio.
According to the bill, the stock and shares of more than 2,300
companies in the portfolio could be sold at accountancy value;
through the workers' shares programme, or through selling to
employees at very acceptable prices; through the sale to Croatian
citizens with a discount and payment in rates; the sale at the price
of one kuna with the obligation of taking over all old debts of the
company; or though a direct agreement.
The bill stipulates a separate law should regulate the
privatisation of the INA oil company, HEP utility company, Croatian
Post, Croatian Railways and Croatian Forests.
The government has committed the Tourism Ministry to make a draft
law on camps, which should provide an answer to the dilemma whether
Croatia is selling its coast. This was a subject of polemic at the
government session.
Vice-Premier Slavko Linic said the coast is protected by Maritime
Law, and the new law should regulate the privatisation of
construction sites.
(hina) lml sb