Several Partners Interested in Uljanik Shipyard

Total Croatia News

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ZAGREB, January 13, 2019 – Economy Minister Darko Horvat told reporters in Krapina on Sunday that the government was intensively talking to several partners about the Uljanik shipyard, that the public would receive information on January 18 and that whether or not a financial offer would follow would be known on January 25.

Asked about negotiations with potential investors in the Uljanik dock, the minister said that as of yet nobody had made an offer, adding however that “a data room” had been opened and that two partners were conducting due diligence.

“We expect another serious partner to join the negotiations in a week. Now we are resuming talks with everyone we see as a potential partner,” Horvat said.

He declined to speak of the names of potential investors adding that the public would be informed of everything on 18 January.

Whether or not the talks will result in a concrete financial offer will be known later, Horvat said.

He also said that the government would help companies that are facing difficulties but not unconditionally. “Without a clear restructuring plant without clear prospects, I think it is crazy to waste tax payers money and the state budget on companies with no prospects, market or quality products.

More news on the Uljanik shipyard can be found in the Business section


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