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Croatia Government Will Not Support Bailout Of Uljanik Group

Croatia government will not support bailout of Uljanik Group

Source: Port Authority of Rijeka

Pula, Croatia (PortSEurope) April 2, 2019 – The Croatian government cannot endorse the proposed restructuring of the ailing Uljanik Group, as that plan would entail huge financial exposure of the state to the problem, however, the government is open to seeking additional solutions for the shipyards in Pula and Rijeka, Prime Minister Andrej Plenkovic said. Plenkovic recalled that last week the Croatian public was informed of the figures and costs of restructuring entailed in that…

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