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As part of a slew of changes related to Croatia's EU-accession, the government is proposing to amend the law pertaining to the privatization of energy company INA, Croatia's Energetika-Net website reported. The proposed amendment entails Croatia's loss of special rights such as a golden share to outvote other shareholders in strategic issues reports Portfolio HU.
Currently holding 44.8% of former state energy company INA, the Croatian government will continue to retain a decisive vote in all decisions of strategic importante as long as its ownership share does not fall below 25%, based on currently effective regulations. In addition, Croatia has a call option on the INA shares held by Hungarian energy group MOL given that the state-owned share is at least 25%.
Related News in English
Povezane vesti na srpskom
Συναφείς Ειδήσεις στα Ελληνικά