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PRIVATISATION MINISTER KOVAC VISITS CROATIAN DANUBIAN AREA

Autor: ;RM;
OSIJEK, 29 Jan (Hina) - The Croatian Privatization and Property Management Minister Milan Kovac on Wednesday visited the Croatian Danubian area. He spoke about the results of his visit at a press conference held in Osijek tonight.
OSIJEK, 29 Jan (Hina) - The Croatian Privatization and Property Management Minister Milan Kovac on Wednesday visited the Croatian Danubian area. He spoke about the results of his visit at a press conference held in Osijek tonight. #L# Kovac visited the companies 'Borovo' and 'Vupik', held talks with representatives of the Ilok-based companies 'Iteks' and 'Razvitak' and representatives of other companies from the area. The economic situation in the area was very bad because companies no longer had credit assets or markets on which they could place their products, Kovac said. The company 'Borovo' had 20,000 employees before the aggression against Croatia and there were only 2,500 to 3,000 employees working currently in the factory. Only one percent of the company's capacity was being used, Kovac said. Serb negotiators were aware of the fact that their 'reintegration into Croatia's economic and political system is unavoidable' and that they themselves had asked for more frequent contacts, Kovac said. A new visit to 'Borovo' and the agricultural plant 'Belje' had been arranged for the following week, Kovac said. There were some signs that property of local companies was being stolen, Kovac said, stressing that he had asked UNTAES representatives to take necessary measures and prevent thefts. Property in local companies would be listed and those lists would be compared with those from 1991, he added. Kovac said that economic reintegration should proceed at a quicker pace after today's visit and that Croatia would reintegrate the area in its legal and constitutional system soon. (hina) rm mm 292110 MET jan 97

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