Plans for next year envisage the leaving of another 360 employees or a total of 2,000 over a three-year period, he said, adding that such downsizing was key to the company's functioning.
In August, the company invited bids for a financial institution that will lend HRK 620 million for financial liquidity and investments, Pericic said, adding that negotiations were under way with the European Bank for Reconstruction and Development on a loan for the purchase of strategic machinery and for severance packages for the redundancies.
Pericic said the company would invest HRK 2.5 billion in the 2012-16 period to upgrade the rail infrastructure as well as HRK 7.5 billion from European Union funds.