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INA TO ROUND UP YEAR WITH 100 MILLION DOLLARS OF PROFIT

ZAGREB, Dec 18 (Hina) - Chairman of the Croatian oil company Ina's management board, Tomislav Dragicevic, said on Tuesday the company would end the fiscal year with a profit of about 100 million dollars. We will end this year as planned, Dragicevic told a news conference. He announced that in the further restructuring of Ina, separated would be Technical Services and Liquified Oil Gas, followed by Lubricants Zagreb. Dragicevic said that according to estimates made by foreign consultants, Ina's current value was between 1.2 and 1.8 billion US dollars. The government should solve the issue of gas prices, and Dragicevic hopes it will do so with the application of new energy laws and a regulating body. He added the government had decided to privatise Ina and probably sell 25% plus one share to a strategic partner.(hina) lml
ZAGREB, Dec 18 (Hina) - Chairman of the Croatian oil company Ina's management board, Tomislav Dragicevic, said on Tuesday the company would end the fiscal year with a profit of about 100 million dollars. We will end this year as planned, Dragicevic told a news conference. He announced that in the further restructuring of Ina, separated would be Technical Services and Liquified Oil Gas, followed by Lubricants Zagreb. Dragicevic said that according to estimates made by foreign consultants, Ina's current value was between 1.2 and 1.8 billion US dollars. The government should solve the issue of gas prices, and Dragicevic hopes it will do so with the application of new energy laws and a regulating body. He added the government had decided to privatise Ina and probably sell 25% plus one share to a strategic partner. (hina) lml

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