ZAGREB, June 7 (Hina) - Croatian Economy Assistant Minister Kamil Vrana and representatives of the Trade Union of Salesmen failed to reach an agreement regarding the requests of the Union for the implementation of the financial
reconstruction of Croatia's largest chain of department stores Nama or the payment of four late wages and dismissal wages. Nama's supervising committee still believes that a decision on Nama's bankruptcy was justified in line with market rules, while the unions believe the decision was exclusively political and that only the Merchant Court or creditors can decide on the bankruptcy and not the supervising committee. Several dozen of Nama employees held a protest against yesterday's decision of the supervising committee on the refusal of the financial reconstruction programme and bankruptcy proceeding. The protest was held in front of and in the Croatian Economy Ministry bu
ZAGREB, June 7 (Hina) - Croatian Economy Assistant Minister Kamil
Vrana and representatives of the Trade Union of Salesmen failed to
reach an agreement regarding the requests of the Union for the
implementation of the financial reconstruction of Croatia's
largest chain of department stores Nama or the payment of four late
wages and dismissal wages.
Nama's supervising committee still believes that a decision on
Nama's bankruptcy was justified in line with market rules, while
the unions believe the decision was exclusively political and that
only the Merchant Court or creditors can decide on the bankruptcy
and not the supervising committee.
Several dozen of Nama employees held a protest against yesterday's
decision of the supervising committee on the refusal of the
financial reconstruction programme and bankruptcy proceeding. The
protest was held in front of and in the Croatian Economy Ministry
building over the course odf last night and this morning.
(hina) it mm