Speaking to reporters in Omisalj on the northern Adriatic island of Krk, Mihaljevic said the management told the union the Turkish investor did not intend to launch production for now because "it hesitates to invest under the existing conditions," although the union was not told what those conditions were but it was told that management "are looking for a new partner."
The union proposes that the seven unpaid monthly salaries be paid from a EUR 6 million downpayment the HEP power supply company made to buy land for building an LNG terminal which is partly owned by Dina, as decided by the government last August, Mihaljevic said.
He said the union understood the investor's dissatisfaction with the slow ownership reorganisation, but added that the investor undertook the obligation to renew production independently of the outcome of a pre-bankruptcy settlement procedure and the ownership reorganisation.
Mihaljevic said it would make no sense if Dina filed for bankruptcy, as there were interested investors.
He announced that on January 14, when the supervisory board is due to meet, he would ask that the investor take a definitive position on the matter.
Dina is part of the Dioki group. On November 30, it filed for a pre-bankruptcy settlement procedure which began last week.