privatisation

Economy minister: IPO of minority interest in HEP still good model for INA buyout

Croatian Economy Minister Martina Dalic of the Croatian Democratic Union (HDZ) on Saturday commented on possible models for buying out Hungarian oil and gas company MOL's stake in the Croatian oil and gas company INA, repeating that "an initial public offering of a minority interest in the HEP power company is practicable and a good model that preserves the company while ensuring a number of advantages and benefits for Croatian citizens."

Business conference pushes for intensified privatisation in Croatia

As long as the state authorities pay high bills, this means that the government has not yet seriously delved into the privatisation of state-run companies, although their sale can alleviate the pressure on the state budget, a business conference in Zagreb heard on Tuesday.

War veterans' leaders say veterans should be given 7% of HEP shares

Commenting on the possible sale of 25% of HEP power company shares, the leader of the Association of Special Police from the 1991-95 Homeland War, Josip Klemm, said on Wednesday that war veterans should participate in the transaction in such a way to allow the transfer of 7% of HEP shares to the War Veterans' Fund.

PM says Slovenia to privatise NLB bank but not Luka Koper

Slovenian Prime Minister Miro Cerar has said his cabinet will deliver on the promise given to the European Commission about the privatisation of Nova Ljubljanska Banka (NLB), the biggest lender in the country, however, he rules out the privatisation of the company "Luka Koper" that provides port and logistics services in the Adriatic port of Koper.

13 offers for purchase of state-owned stake in Koncar-EI

The Restructuring and Sale Centre (CERP) stated on Tuesday that it had received 13 binding offers by noon on 31 May for the purchase of the 20.49% state-owned stake in Koncar Electrical Industries.

Protest held against privatisation of Koncar Electrical Industry

Some 300 members of the Croatian Metal Workers' Union gathered outside the government headquarters in Zagreb on Monday for a protest against "privatising Koncar at any costs."

Labour Party protests against privatisation of state companies

The rally brought together some 200 protesters, who were supported by the HURS trade union federation, the Democratic Party of Women, the Union of the Unemployed of Croatia, the New Trade Union, the Free Croatia initiative, and the Workers' Front.

MP: Parliament must be included in decisions on strategic property

MP Ivan Lovrinovic of the ruling Bridge party said on Friday that decisions on the sale of state property should be made by the Croatian parliament and not just by the government.

Bridge opposes privatisation of strategic companies

Bridge MPs Ivan Kovacic and Miro Bulj on Thursday objected to the government's intention to privatise companies that were struck off the list of strategic companies during its conference call on Wednesday.

Croatia takes Podravka, Koncar, CA, CO ....off list of strategic companies

Explaining the latest developments, Finance Minister Zdravko Maric told Hina on Wednesday that this decision was in line with the government's plan to ensure 1.6 billion kuna for the budget from the activation of state property until the end of this year.

State agency postpones discussion on sale of shares in several companies

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

DUUDI advertises sale of 25 properties

The State Property Management Office (DUUDI) has advertised the sale of 25 state-owned properties around the country, mostly arable land, orchards and fields with an estimated starting value of HRK 45.5 million.

Deficit to be covered by borrowing, privatisation, says FinMin

Finance Minister Zdravko Maric said on Wednesday the government planned to borrow again, possibly in the spring, to cover a planned budgetary deficit of HRK 9.2 billion, which would be financed in part also with revenues from the privatisation of state property.

Health employers call for financial stability of health system, against cuts and privatisation

Such an economy, almost at the very bottom of the EU ranking, must not result in a deterioration of the health system as suggested by "some irresponsible economic analysts," say employers in the health system.

Bridge dismisses speculation about health system privatisation

The party said in a statement that it was against the further privatisation of the health system and advocated more entrepreneurial spirit in the health sector.

Radio Subotica to stop airing, Croatian-language programmes affected

"This is the most severe blow to Croatian language news programmes in Vojvodina and Serbia in the last 15 years.