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EMPLOYEES OF CRO'S LARGEST CHAIN OF DEPARTMENT STORES STAGE PROTEST OUTSIDE GOVT BUILDING

ZAGREB, May 18 (Hina) - About 300 employees of Croatia's largest chain of department stores Nama, led by the head of the Zagreb branch of the Croatian Association of Trade Unions Marija Ivankovic, staged a protest outside of the Croatian Government building downtown Zagreb. Nama employees demand that the Government, namely the Croatian Privatisation Fund, endorse a financial reconstruction programme for Nama which was drafted by the Privredna Bank Zagreb in cooperation with the Nama management. In case Nama goes bankrupt, the unionists demand that dismissal wages be paid out to all employees who lost their jobs. The protesters expect the arrival of ministers of the Government who are scheduled to start a session at 10AM. The Management Board of the Croatian Privatisation Fund failed to endorse the Nama financial reconstruction programme, so Croatia's large
ZAGREB, May 18 (Hina) - About 300 employees of Croatia's largest chain of department stores Nama, led by the head of the Zagreb branch of the Croatian Association of Trade Unions Marija Ivankovic, staged a protest outside of the Croatian Government building downtown Zagreb. Nama employees demand that the Government, namely the Croatian Privatisation Fund, endorse a financial reconstruction programme for Nama which was drafted by the Privredna Bank Zagreb in cooperation with the Nama management. In case Nama goes bankrupt, the unionists demand that dismissal wages be paid out to all employees who lost their jobs. The protesters expect the arrival of ministers of the Government who are scheduled to start a session at 10AM. The Management Board of the Croatian Privatisation Fund failed to endorse the Nama financial reconstruction programme, so Croatia's largest chain of department stores is most probably facing a bankruptcy. (hina) it

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