Croatia privatised shipyard Brodosplit

The Croatian government on Thursday privatised the country's largest shipyard, Brodosplit, thus meeting a key condition for its July entry into the European Union reports Global Post."The signing of this deal brings to an end the restructuring of the shipbuilding...

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Croatia privatised shipyard Brodosplit



Balkans.com Business News Correspondent - 01.03.2013

The Croatian government on Thursday privatised the country's largest shipyard, Brodosplit, thus meeting a key condition for its July entry into the European Union reports Global Post.
"The signing of this deal brings to an end the restructuring of the shipbuilding industry" that started in 2009, said Economy Minister Ivan Vrdoljak, who signed the contract selling the loss-making shipyard to the local company DIV.
He said the deal enables shipbuilding to continue at Brodosplit and accomplishes "maybe the most painful task before Croatia's EU entry".


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