State agency postpones discussion on sale of shares in several companies

The steering board of the Restructuring and Sale Centre (CERP) on Monday decided to define initial prices for the sale of the government interest in three hotel companies in Dubrovnik, Rab and Korcula, however, it scrapped three items from its 35-item agenda, prepared for today and it did not manage to discuss a majority of topics, put forward to the agenda for today's meeting.

The head of the State Property Management Administration (DUUDI), Tomislav Boban, who presides over the CERP steering board, said today's meeting had been shortened due to busy schedule of other members of the board and said that this was the first convention of the new make-up of the board of CERP that should soon get its new director and deputy director

According to a press release issued by CERP, the items removed from today's agenda refer to launching procedures for the sale of the Jadranka hotel company based in Crikvenica, the Zagreb-based RIZ-Transmitters company specialised in manufacturing and instalment of high power mobile SW and MW transmitters, and in the Slatina-based "Agroduhan" agricultural company.   

Boban told the press that additional consultations were necessary with relevant ministries before these items were put back for discussion.

Some of the items that were not discussed today refer to the implementation of the decision of the management board of the HT telecom to sell some shares through a public auction on the Zagreb Stock Exchange as well as the government's decision to launch procedure to sell its shares in the Koncar Elektroindustrija on ZSE.

Boban said that the contracts in the ongoing process of privatisation could be signed in three months' time.

Asked whether this was also a time frame in which announcement of Prime Minister Tihomir Oreskovic for the reduction of the public debt through the income from privatisation might come true, Boban answered "We must do it".

"We must show to the European Union that we are serious, and we must do it by the end of May," Boban said.

He ruled out any possibility for the sale of state-owned forests or water resources.

"No one has ever talked about it. Those are national resources and are not in any (privatisation) plan."

The CERP steering board is expected to convene again in the coming days, according to Boban.

Last update: Mon, 02/05/2016 - 19:09

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