ZAGREB, Mar 6 (Hina) - Shareholders' assemblies of publisher "Vjesnik" and printer "Hrvatska Tiskara" on Saturday reached by a majority of vote the final decision on merging the two companies into a new, single company, to be named
"Vjesnik". According to earlier announcements, the venture was prompted to the effect of rationalising business. Auditors' report submitted at today's assembly sessions show that "Hrvatska Tiskara" realised a net US$1.6 million in the first six months of 1998, while publisher "Vjesnik" registered in the same period of time a US$1.9 million loss. Croatia's Pension Insurance Bureau will be the new company's majority owner, with 77 percent of shares. The bureau was to date the majority owner in both "Hrvatska Tiskara" and "Vjesnik", with 85 percent of shares in the former and 75 percent in the latter. (hina) ha
ZAGREB, Mar 6 (Hina) - Shareholders' assemblies of publisher
"Vjesnik" and printer "Hrvatska Tiskara" on Saturday reached by a
majority of vote the final decision on merging the two companies
into a new, single company, to be named "Vjesnik".
According to earlier announcements, the venture was prompted to the
effect of rationalising business.
Auditors' report submitted at today's assembly sessions show that
"Hrvatska Tiskara" realised a net US$1.6 million in the first six
months of 1998, while publisher "Vjesnik" registered in the same
period of time a US$1.9 million loss.
Croatia's Pension Insurance Bureau will be the new company's
majority owner, with 77 percent of shares. The bureau was to date
the majority owner in both "Hrvatska Tiskara" and "Vjesnik", with
85 percent of shares in the former and 75 percent in the latter.
(hina) ha