Passenger Ship Handed over at Uljanik Shipyard

ZAGREB, July 26, 2019 – The Uljanik shipyard, which is undergoing bankruptcy, on Friday handed over a luxury passenger ship built for the PEC Ltd company from Malta, the Zagreb Stock Exchange said on its website on Friday.

The ship is 168 metres long, 21.5 metres wide and can take 237 passengers. It is intended for ocean sailing and has been built according to the latest ecological standards.

In March this year the FINA financial agency submitted a request to the Commercial Court for bankruptcy proceedings against the Uljanik shipyard joint-stock company because the shipyard had unsettled payments that were more than 120 days overdue, its debt then amounting to 28.2 million kuna.

The Uljanik Group comprises 11 companies in all and is the majority owner of the Rijeka-based 3. Maj shipyard.

More news about the company can be found in the Business section.

 

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