Economy minister says state will remain in INA owneship structure

Economy Minister Tomislav Panenic said on Wednesday that discussions about whether the oil company INA was of national interest were pointless.

Panenic said this when asked which lobbies were behind the campaign involving INA.

"We have to harmonise all policies. I learnt from the media that there are many groups undermining this process. I want us to have a quality company where we can hold talks with the other co-owner, Panenic said.

He added he wanted INA to be successful on the market, be vertically integrated, keep jobs, and invest in research and development. He underscored the state will permanently remain in INA's ownership structure.

Panenic visited the wood-processing company Kircek in the northern Croatian town of Kircek, where he said wood-processing is a branch of industry with prospects.

Last update: Wed, 20/04/2016 - 12:25
Author: 

More from Croatia

Croatian President: Thousands of IS fighters returning to Bosnia

Croatian President Kolinda Grabar-Kitarovic said in Dubrovnik on Tuesday that one should face the fact that...

Croatia's food industry records 43.7% increase in net profit

Croatia's food industry generated a consolidated net profit of HRK 931.5 million in 2015, which was an annual...

Croatia records highest Q3 GDP growth in EU

The European Union's economy grew by 0.4% in the third quarter of 2016 compared with the previous quarter, and...

Croatian footballer under investigation for tax evasion in Spain

The captain of Croatia's national football team and a member of the Real Madrid squad, Luka Modric (31), has come...

Plenkovic says Croatia must take legal position towards totalitarian system symbols

Prime Minister Andrej Plenkovic said on Tuesday it was necessary for Croatian politicians and experts to find a...