The management issued a public appeal on Thursday urging the two biggest share-holders and all other involved parties to assume responsibility and adopt a joint decision to keep the company alive and maintain jobs.
They urge the two biggest share-holders to reach agreement on the necessary implementation of a plan for restructuring the company so that the document could be approved at the company shareholders' assembly set for 3 January.
Suncani Hvar currently employs 340 people.