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TOURISM MINISTRY PRESENTS LIST OF HOTEL COMPANIES FOR PRIVATISATION

ZAGREB, June 26 (Hina) - The Croatian Tourism Ministry has presented on its web site (www.mint.hr) a document on possibilities for investment into the Croatian tourism sector through privatisation, including a list of companies available for privatisation with a state share of more than 25 percent.
ZAGREB, June 26 (Hina) - The Croatian Tourism Ministry has presented on its web site (www.mint.hr) a document on possibilities for investment into the Croatian tourism sector through privatisation, including a list of companies available for privatisation with a state share of more than 25 percent. #L# Potential investors have been offered two models of privatisation - the purchase of the companies' shares or the purchase of the real estate of the companies undergoing privatisation. The list includes 65 hotel companies, of which 57 are from Adriatic counties, seven from the continental part of Croatia and one from the City of Zagreb. The state share in these companies ranges between 22.70 and 97.67 percent. The value of the companies' stock capital is 845.46 million euros while the value of the state portfolio is 510.05 million euros (60.33 percent). The listed companies include 192 hotel complexes, 17 apartment settlements, seven hotel-apartment buildings, 18 boarding houses, 26 camps, one marina, 84 small catering facilities and 56 other facilities. (hina) rml

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