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Croatian government decides on privatisation of shipyards

ZAGREB, March 22 (Hina) - The Split shipyard will be sold to the Samobor-based DIV company, while the bids by businessman Danko Koncar for the purchase of the shipyards in Trogir and Kraljevica were turned down, whereby the Kraljevica dock will file for bankruptcy, and a new solution will be sought for the shipyards in Trogir and the Rijeka-based "3.Maj". The Uljanik shipyard will be privatised according to the Employee Stock Ownership Plan (ESOP) with the injection of fresh capital, according to decisions made by the Croatian government at its session on Thursday.

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