Tomislav Panenic

Panenic: MOL is shareholder in INA, not majority owner

Caretaker Economy Minister Tomislav Panenic described on Monday as inappropriate the statement by MOL Group CEO Zsolt Hernadi in which he said that the Hungarian energy company could implement its strategy with or without Croatia's INA, saying that Hernadi was speaking as if MOL was the majority owner of INA, and not just one of the shareholders.

Panenic accuses MOL of intending to close Sisak refinery

The outgoing economy minister, Tomislav Panenic of the Bridge party said on Wednesday that it was in MOL's interest to have the Sisak oil refinery closed, while the interests of Croatia and INA were opposite to that position.

MOL supports INA's efforts to ensure flexibility of domestic oil processing

MOL supports INA's management in its efforts to ensure the flexibility of domestic oil processing and is strengthening the security of supply in Croatia, the Hungarian company said in a statement on Tuesday in connection with the transport of 600 tonnes of crude oil from Croatian oilfields to the refinery in Rijeka instead of Sisak.

Approved EUR 27M loan to Petrokemija

The Supervisory Board of the Croatian Bank for Reconstruction and Development (HBOR) on Friday gave its consent to the approval of a HRK 200 million loan to the Petrokemija artificial fertiliser manufacturer so that it can pay its debts to its suppliers, and the caretaker Finance Minister Zdravko Maric said on Saturday that the government would confirm the collateral, which, he added, will not increase Croatia's public debt.

Minister: State's stake in Jadran company as collateral for Petrokemija's loan

The state-owned stake in the Jadran hotel company from Crkivenica will not be sold but will be used as collateral for a loan the Petrokemija artificial fertiliser producer will take to repay its 200 million kuna debt to the PPD gas company, outgoing Economy Minister Tomislav Panenic said after a government session on Thursday, adding that the government could adopt a decision to that effect next week.

Economy minister filing charges over irrelgularities in procedure to award grants

Outgoing Economic Minister Tomislav Panenic on Thursday said that due to irregularities in grants issued in public tenders advertised by the ministry in 2015, he would file charges with the State Prosecutor's Office (DORH), and USKOK anti-corruption office and the police against people in committees which awarded those grants, including former economy minister Ivan Vrdoljak.

HDZ ministers say not embarrassed to sit next to PM they want to impeach

Construction Minister Lovro Kuscevic said he was not embarrassed to be at the session, adding: "I assure you that the HDZ is a state-building party and it will know how to make a decision that is in the interest of the Croatian state."

Government steps up preparations for LNG terminal

The Croatian government adopted a conclusion on Wednesday to step up preparations for and the implementation of the first stage of the construction of a floating LNG terminal on the northern Adriatic island of Krk.

This situation not good for anyone, say EconMin

Economy Minister Tomislav Panenic of the Bridge party said on Monday, in reference to the current government crisis, that this situation was of no benefit to anyone and that it was delaying essential economic reforms.

Panenic: EC sees HEP-Marubeni cooperation in Plomin C as unacceptable support

Speaking to reporters in Split, Panenic said the note would be considered. He said it was very important that both companies responded to the Commission's opinion so that "a final solution regarding Plomin C" could be reached.

Panenic says Bridge party unanimous, homogeneous

Asked if he expected Karamarko to step down, he said, "We voted for that." He added that Bridge MPs would also vote to that effect.

Panenic says INA-MOL dispute result of many interests

Economy Minister Tomislav Panenic said on Wednesday that the latest escalation in relations between the ruling partners Bridge and HDZ over the INA-MOL dispute was the result of many interests that were trying to destabilise the situation ...

Econ. Min: We know of their intentions but the decision is up to IBM

Economy Minister Tomislav Panenic on Monday confirmed that the government was aware of IBM's intentions to invest in a new user technical support centre, however he stressed, IBM hasn't decided yet whether that centre will in Croatia.

Minister confident result of arbitration about INA will be favourable for Croatia

Panenic told Nova TV commercial television that the arbitration was launched for justified reasons -- for the sale of management rights, the harmful sale of the gas business, adding that Croatia suffered damage in both cases.

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.

Minister says Croatia to complete floating LNG terminal in 2018

Croatia aims to complete a floating liquefied natural gas terminal in the northern Adriatic in 2018 and initial capacity is set at around two billion cubic metres of gas a year, Economy Minister Tomislav Panenic was quoted by the Reuters news agency as saying.

Minister: New public procurement law possibly to go into force in May

Economy Minister Tomislav Panenic has said that Croatia could get a new law on public procurement as early as May, which will make public procurement procedures more transparent, fairer and simpler.

Minister says terms of Croatian INA Management Board members to be extended

Croatian Economy Minister Tomislav Panenic said on Wednesday that he had proposed that the terms of the current Croatian members of the INA Management Board be extended by one year.

PM says gov't needs to cooperate with prosecutor's office to step up investments

It is necessary to cooperate with the Chief State Prosecutor's Office (DORH) to accelerate investments, Oreskovic said at the start of the session.

Economy Minister, Chinese delegation talk cooperation

Economy Minister Tomislav Panenic on Monday received a Chinese delegation touring 16 Central and Eastern European countries to prepare future cooperation as part of the "China+16" initiative, the government reported in a press release.

Unionist demands that economy minister step down

It is unacceptable that the government still isn't equipped and that it has not resolved personnel issues for all ministries and that scandals are not being resolved promptly and that the damage is becoming greater, Matijasevic told a press conference.

Three ministers discuss air pollution with Slavonski Brod officials

Minister Dobrovic said that it was clear that the Rafinerija Brod oil refinery in neighbouring Bosnia and Herzegovina was the main source of air pollution that significantly impaired the quality of life of the city's residents.

Economy minister to meet with Moody's officials

Economy Minister Tomislav Panenic said on Thursday that during his meeting with representatives of the Moody's credit rating agency he would express the government's determination to implement the necessary reform.

HDZ minister says partiotic criteria implied, Bridge minister doesn't know about it

Kruscevic told reporters that talks with candidates for the said positions would be launched already today and that a decision would be made in the near future.

New economy minister talks about energy policy

Economy Minister Tomislav Panenic was the guest of a popular Croatian public television (HTV) current affairs talk show on Sunday afternoon in which he spoke about his ministry's plans and energy policy.

Economy minister denies he was fired for theft

Economy Minister Tomislav Panenic rejected allegations made by union leader Ozren Matijasevic during a meeting with Prime Minister Tihomir Oreskovic on Friday that Panenic had been fired from the Baumax company due to theft.

Gov't proposes changes to enable resumption of strategic investment commission

The Croatian government on Thursday drew up amendments to the legislation paving the way for the resumption of the work of the two commissions, with one of them having a say in strategic projects and the other in managing companies of strategic importance.

Economy minister says cuts must be made

Cuts most definitely come from restructuring, the minister said adding that the government would see which way it would carry out the merger of agencies or scaling down of agencies.

Economy and finance ministers announce strategies for energy, public debt

Panenic added that 113 investment projects were in the pipeline, after being drawn up in accordance with the Strategic Investments Act.

Construction, economy ministers say situation in their ministries relatively good

Construction Minister Lovro Kuscevic said ahead of a government session on Thursday that the situation in the area covered by his ministry was relatively good but that there were things that needed to be improved, 

HDZ optimistic about talks on new government

"I am definitely optimistic and we believe that the necessary changes will happen. There are no unacceptable points because all the points are focused on entrepreneurship and its development

Negotiator says SDP, MOST agree on 95% of things

"We expect to have harmonised views and to get opinions from both (the SDP and the Croatian Democratic Union, HDZ) on all topics, including the said two, ...