Shipyards on the Brink: Bank Accounts Blocked

ZAGREB, September 4, 2018 – According to information from the Financial Agency (FINA), the business account of the Uljanik shipyard was blocked on Tuesday morning, after contracts on the construction of four vessels by Uljanik Group, which is being investigated by police, were terminated on Monday.

The shipyard’s client Siem Shipping on Monday unilaterally terminated its contracts with Uljanik on the construction of ships for the transport of cars and trucks because the shipyard could not deliver the vessels in line with the contracts. Construction work on the vessels had not begun.

After receiving their July wages, workers of the Uljanik Group, which includes Rijeka’s 3. Maj shipyard and Pula’s Uljanik, on Monday ended their strike that started on Aug 22 over unpaid wages.

Police confirmed on Monday that they were conducting preliminary investigations in the shipbuilding group.

Uljanik’s business account was blocked last Thursday but was unblocked on the same day while the account of 3. Maj remains blocked.

 

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