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GOVERNMENT TO DECIDE ON BUYERS OF TWO HOTELS

ZAGREB, Sept 3 (Hina) - The government should within a fortnight decide about the buyers of two Croatian hotels -- Croatia Hoteli and Cavtat Hoteli-- on the basis of offers the Croatian Privatisation Fund discussed last week. The offers include 62.4 percent of shares of the Croatia Cavtat Hotels, for which the Plava Laguna and International Investments from Malta, among others, have made offers. Two other bids will be discussed, by entrepreneur Goran Strok and Spain's Endicott Companie de Turismo -- for the purchase of the majority stock, 71.45 percent of shares, of the Cavtat Hotels, worth 47.4 million kuna.US$1 = 8.3 kuna(hina) lml
ZAGREB, Sept 3 (Hina) - The government should within a fortnight decide about the buyers of two Croatian hotels -- Croatia Hoteli and Cavtat Hoteli-- on the basis of offers the Croatian Privatisation Fund discussed last week. The offers include 62.4 percent of shares of the Croatia Cavtat Hotels, for which the Plava Laguna and International Investments from Malta, among others, have made offers. Two other bids will be discussed, by entrepreneur Goran Strok and Spain's Endicott Companie de Turismo -- for the purchase of the majority stock, 71.45 percent of shares, of the Cavtat Hotels, worth 47.4 million kuna. US$1 = 8.3 kuna (hina) lml

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