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HFP ONCE AGAIN INVITES TENDERS FOR PURCHASE OF "PRIMOSTEN"

ZAGREB, March 26 (Hina) - The Croatian Privatisation Fund (HFP) again invited tenders for the purchase of a majority of shares of the Dalmatian hotel company "Primosten". The package of 60.16 percent of shares is offered at a price of one kuna (1 kuna) but potential buyers have to settle the company's debt evaluated to be about 24 million kuna (approximately three million US dollars) towards employees, the state budget and suppliers. In addition, they should ensure the job for the current 324 workers in next five years. To date, the Fund has invited tenders five times, but those who responded to the offer have not been able to meet conditions.(hina) ms
ZAGREB, March 26 (Hina) - The Croatian Privatisation Fund (HFP) again invited tenders for the purchase of a majority of shares of the Dalmatian hotel company "Primosten". The package of 60.16 percent of shares is offered at a price of one kuna (1 kuna) but potential buyers have to settle the company's debt evaluated to be about 24 million kuna (approximately three million US dollars) towards employees, the state budget and suppliers. In addition, they should ensure the job for the current 324 workers in next five years. To date, the Fund has invited tenders five times, but those who responded to the offer have not been able to meet conditions. (hina) ms

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