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PREMIER MATESA RECEIVES REPRESENTATIVES OF 'BELISCE D.D.'

( Editorial: --> 4162 ) ZAGREB, 13 Jan (Hina) - Croatian Premier Zlatko Matesa on Tuesday received representatives of 'Belisce d.d.', the largest producer of packaging paper in Croatia. 'Belisce d.d.' is to sign two very important contacts with foreign partners soon. One of the contacts will be signed with the international financial corporation IFC from Washington. On the basis of a DM 75-million loan, the IFC will become the owner of 20% of 'Belisce d.d.' share portfolio, the Government communications office said in a statement. The German company 'Krupp' and 'Belisce d.d.' have also prepared a contract on joint investment into the Machines Factory, which is part 'Belisce d.d.'. This contract makes 'Krupp' the majority owner of the Factory. The two contracts will enable not only property but also production reorganisation, as well as the creation of new jobs and the increasing of production quality ad the quality of products to the international level. The investments do not require special guarantees of domestic banks or the state and are important for Croatia because they mean the restoration of trust of foreign partners, the confirmation of stability and success of the reintegration process. (hina) jn rm 131838 MET jan 98

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