ZAGREB, February 7, 2019 – Brodograđevna Industrija Split, or Brodosplit, has been selected as the strategic partner for the ailing Pula-based Uljanik shipyard, Uljanik announced in a statement via the Zagreb Stock Exchange on Thursday.
The decision was made at a joint meeting of the Pula shipyard’s management and supervisory boards on Thursday.
An agreement will be concluded with the selected strategic partner to regulate mutual rights and obligations. Under the agreement, the strategic partner will be required to draw up an acceptable and implementable restructuring programme for the Uljanik company and shipyard, the statement said.
The selected strategic partner will be allowed to enter the ownership structure of the Uljanik company through recapitalisation, as decided by the General Assembly, it added.
On December 21, the Pula-based terminated the strategic partnership with Kermas Energija and initiated a procedure for the selection of a new strategic partner.
More news on the Pula shipyard can be found in the Business section.
