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Plan for private retailer's recovery from receivership presented to minister

Autor: mses
BJELOVAR/ZAGREB, July 12 (Hina) - The official receiver of the private retailer Pevec and local authorities in Bjelovar County on Monday informed Croatian Economy Minister Djuro Popijac of the situation in this company, which went into official receivership a few months ago.

The court-appointed receiver, Darko Sket, informed the minister of a plan for the company's recovery from receivership, the county authorities said in a statement.

During the last few months some 700 workers were regularly paid their monthly salaries and other liabilities were met, the statement said.

Sket said that he was opposed to the sale of segments of the company, and added that Pevec should be given a chance for recovery as it had managed to regain the confidence of distributors.

(Hina) ms

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