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Suncani Hvar management urges major shareholders to salvage company

Autor: mses
ZAGREB, Dec 23 (Hina) - The management of the Suncani Hvar hotel company has called on the two biggest share-holders -- the Orco Property Group and the Croatian Privatisation Fund -- to immediately make decisions aimed at salvaging this biggest hotel company on the island of Hvar.

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.

(Hina) ms

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