SPLIT, Sept 8 (Hina) - Staff of the Split-based company "Diokom", totalling 2,307 workers, on Friday registered at the Employment Bureau, putting an end to the company's three-month agony since the proclamation of bankruptcy, during
which four trustees had been appointed to manage the company's bankruptcy's process. The workers gathered at the company Friday to receive two months' backpay and compensations for vacations, meals and travel expenses, in the amount of 7.2 million kuna (US$857,143), granted to them by the Government at Thursday's session. Seven hundred and fifty Diokom workers will be called back to their jobs within the section of restructured production, where every department will be an independently functioning unit. In the meantime, a bankruptcy hearing took place at City Hall establishing 3,302 creditors who are requesting the payment of Diokom's debts of more than 424 m
SPLIT, Sept 8 (Hina) - Staff of the Split-based company "Diokom",
totalling 2,307 workers, on Friday registered at the Employment
Bureau, putting an end to the company's three-month agony since the
proclamation of bankruptcy, during which four trustees had been
appointed to manage the company's bankruptcy's process.
The workers gathered at the company Friday to receive two months'
backpay and compensations for vacations, meals and travel
expenses, in the amount of 7.2 million kuna (US$857,143), granted
to them by the Government at Thursday's session.
Seven hundred and fifty Diokom workers will be called back to their
jobs within the section of restructured production, where every
department will be an independently functioning unit.
In the meantime, a bankruptcy hearing took place at City Hall
establishing 3,302 creditors who are requesting the payment of
Diokom's debts of more than 424 million kuna (US$50.5 million), the
biggest creditor being the State.
The bankruptcy court on Friday also recognised the right of the
workers to receive a total of 88 million kuna (US$10.47 million) of
backpay for their labour and other compensation.
The court granted the workers redundancy pay in the amount of 1,100
kuna (US$130.9) for every working year.
Redundancy pay will first be given to workers, after which
creditors will be paid off, including the biggest of them, the
Croatian Bank for Reconstruction and Development, Croatian Health
Insurance Institute and the Pension Fund.
(hina) lml