Business

Brodosplit Says Its Offer for Uljanik Contains Guarantees

By 27 February 2019

ZAGREB, February 27, 2019 - Brodosplit's offer of strategic partnership to the Uljanik shipbuilding group contains all the necessary guarantees, the shipyard said on Tuesday after Economy Minister Darko Horvat said the strategic partner must provide clear guarantees that it was willing to finance Uljanik's restructuring.

"The answers to all the questions, including those asked today, are in our offer which... was accepted because it contains the necessary guarantees for everything we offered," Brodosplit said.

The dock said it had expressed willingness to ensure, with appropriate collateral, in the period until the restructuring programme is approved, part of the funds necessary, to complete the ships under construction, which would relieve the state.

"Not only that. With our professional approach, we opened all the doors in Brussels to a positive restructuring and the payment of the unpaid workers' wages. We did all that voluntarily, just so that we can assist the workers, Croatian shipbuilding and the state," Brodosplit said.

"Our offer, which contains all those answers, is still valid, although its expiration date is near and, as we said in the offer, after the other stakeholders do what is necessary, we are willing to immediately launch and do all that we offered," it added.

More news about the Uljanik shipyard can be found in the Business section.

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