OVER US$2.5 MILLION SHOULD BE SECURED FOR FIRMS IN DANUBE REGION

( Editorial: --> 0146 ) ZAGREB, March 17 (Hina) - Over US$2.5 million should be secured from the budgetary reserves for the minimum functioning of 21 companies with 1,771 employees from the Croatian Danube region. The money will be placed in those companies by the Croatian Privatisation Fund (HFP), which would also control its spending and transform it into shares during the privatisation process, it was said at HFP's session held last night. During the process of peaceful reintegration HFP had registered all 37 companies from the region, elected supervisory committees and administration bodies and created basic conditions for their normal functioning, said HFP President Tomislav Druzak. More than US$1.2 million were invested in those activities, Druzak added. (hina) mm rm 171149 MET mar 98