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HFP DECIDES ON PRIVATISATION OF PLOCE PORT

ZAGREB/PLOCE, April 6 (Hina) - The Croatian Privatisation Fund (HFP) adopted a decision on the privatisation of the Ploce port on Friday. The stock capital of the Ploce port, one of the largest Croatian ports and the most profitable company in Dubrovnik-Neretva County, has been estimated at 89 million kuna. In line with the decision, former and current employees will be offered 50 percent of the company's stock under favourable conditions, Ploce port director Ivan Pavlovic said. It is estimated that former and current workers will purchase 110,872 shares at a price of 400 kuna per share. The employees, their union and members of Homeland War associations working in the port plan to buy from the HFP at least another 25 percent of the stock so that they become the company's majority owners, and, they say, that the company be owned by those who built it.(hina) rml
ZAGREB/PLOCE, April 6 (Hina) - The Croatian Privatisation Fund (HFP) adopted a decision on the privatisation of the Ploce port on Friday. The stock capital of the Ploce port, one of the largest Croatian ports and the most profitable company in Dubrovnik-Neretva County, has been estimated at 89 million kuna. In line with the decision, former and current employees will be offered 50 percent of the company's stock under favourable conditions, Ploce port director Ivan Pavlovic said. It is estimated that former and current workers will purchase 110,872 shares at a price of 400 kuna per share. The employees, their union and members of Homeland War associations working in the port plan to buy from the HFP at least another 25 percent of the stock so that they become the company's majority owners, and, they say, that the company be owned by those who built it. (hina) rml

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