PREMIER MATESA RECEIVES US PARSONS CORPORATION REPRESENTATIVES

( Editorial: --> 6505 ) ZAGREB, Oct 7 (Hina) - Croatian Premier Zlatko Matesa received the Chairman of the Board and Executive Director of the Parsons Corporation, James F. McNulty and his associates on Wednesday. The corporation is one of the most reputable companies in the United States. The company is to be involved with a project commencing early 1999 concerned with increasing the capacity of the Zagreb electric power station (TE-TO Zagreb). The capacity of the power station should be increased to 180MW of electricity and 150MW of heating energy. The value of the project is estimated at US$128 million and it expected that the project will be completed by the end of the year 2000. The joint project to be undertaken will be broken down so that Croatian Electricity (HEP) will conduct works to the value of US$28 million while a consortium of Croatian companies headed by Croatia's Montmontaza, will conduct works valued at US$42 million. This project will motivate further Croatian/American economic cooperation which will employ Croatian manufacturers in capital economic projects, notes a Croatian Government press release. During the meeting, discussions were held about other possible projects for joint cooperation at mutual interest concludes the press release. (Hina) sp jn 071524 MET oct 98