At a session held in Sisak the government decided to set aside 450 million kuna for the infrastructure projects in Sisak-Moslavina County.
The government also accepted a proposal to acquire a share in the capital stock of the Kutina-based Petrokemija company in return for its claims towards the company amounting to 241 million kuna, which would increase its share in the company to 67.81 percent.
The government turned down an offer by the German company Rohrwerk Maxhuette for the purchase of the Sisak Pipe Rolling Mill and will invite new bids for the privatisation of that company, as well as of the Light Metal Factory (TLM) from Sibenik. In the repeated tender, the Rolling Mill's entire stock capital will be offered at a price amounting to 25 percent of the company's nominal value, its starting price being 101.26 million kuna. The starting price for 80.2 percent of the TLM's shares will be 44.27 million kuna or 10 percent of the nominal price. Bids for the privatisation of the Rolling Mill and the TLM were invited in early September, and the companies' shares were offered at their nominal value. No offers were made for the TLM, and the only offer for the Rolling Mill was submitted by the German company, but it was a non-binding one.