$ ZAGREB, July 28 (Hina) - General director of the Croatian oil company Ina, Davor Stern, and director of the Samsung Corporation, Jon-Soo Rah, signed an Agreement on Understanding on Monday.
UNDERSTANDING
$
ZAGREB, July 28 (Hina) - General director of the Croatian oil company Ina, +
Davor
Stern, and director of the Samsung Corporation, Jon-Soo Rah, signed an +
Agreement
on Understanding on Monday. #L#
Stern expressed satisfaction about the business cooperation between the two
corporations so far.
He recalled that the first letter of intentions had been signed with Samsung +
in
1991, but because if the Homeland War, it had not been realised.
Jon-Soo Rah expressed satisfaction about the safe and stable situation in
Croatia in the last two years, as well as about the successful development of +
Croatian
economy, which, as he put it, created faith in Croatia as one of the most +
interesting
countries for foreign corporations.
Under the signed agreement, Ina would supply Samsung with various aromas,
on a priority basis. Samsung intends to use the capacities of the Rijeka-based +
refinery
for services in the refining of crude oil on a long-term basis from 1998 to +
2007, ion
amounts of 500,000 metric tonnes, the Agreement stated.
(hina) lm mm
281704 MET jul 97