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INTERNATIONAL FOOTWEAR CONCERN 'BATA' REPS VISIT BOROVO

VUKOVAR/VINKOVCI, 11 June (Hina) - Representatives of the managing board of the international footwear concern 'Bata', Croatian Economy Ministry and the Zagreb-based administrative and supervisory boards of the Croatian rubber and footwear company 'Borovo', on Wednesday visited the destroyed plants of the footwear factory 'Borovo' in the Vukovar suburb of Borovo (U.N.-administered area).
VUKOVAR/VINKOVCI, 11 June (Hina) - Representatives of the managing board of the international footwear concern 'Bata', Croatian Economy Ministry and the Zagreb-based administrative and supervisory boards of the Croatian rubber and footwear company 'Borovo', on Wednesday visited the destroyed plants of the footwear factory 'Borovo' in the Vukovar suburb of Borovo (U.N.-administered area). #L# After a tour through the factory, the delegations held talks with the representatives of the Croatian Privatisation Fund in Vinkovci. The visit to the factory and the talks in Vinkovci were also attended by the current illegal management of 'Borovo' from Vukovar. Petrus Fredericus Johannes Rademaker, director of 'Bata Industrials Europe', told reporters after the talks he could say nothing about Bata's concrete plans concerning 'Borovo'. The visit of 'Bata' representatives to Croatia had been agreed on earlier with Croatia's former Economy Minister Davor Stern, Rademaker said. 'Borovo' had originally been a 'Bata' plant, established in 1930, Rademaker said. 'We hope that our two companies will establish business relations, especially in the production of leather footwear, but those relations will not be established so soon', 'Borovo' general director Vladimir Husar said. The value of 'Borovo' in 1990 amounted to some 600 million German marks. It is estimated that the war caused damage amounting to 70% to 80% of the company's value, Husar said. (hina) rm jn 111848 MET jun 97

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