CONFERENCE OF C., E. EUROPEAN COUNTRIES ON PRIVATISATION OPENS IN DUBROVNIK

DUBROVNIK DUBROVNIK, 6 Dec (Hina) - Croatia's Privatisation Minister Ivan Penic opened a conference of Central and Eastern European countries on privatisation in Dubrovnik's 'President' hotel on Friday. The conference is being held under the auspices of the World Bank and European Commission. The two-day meeting, which gathered about a hundred participants from 23 countries, will focus on transition processes, the privatisation of state property and foreign investments. Speaking about what has been achieved in the privatisation process in Croatia so far, Penic said that 55% of social capital had been privatized with the participation of 600,000 shareholders. (hina) rm jn 061811 MET dec 96