Thursday, 25 October 2018

Uljanik Searches for Investors as Potential Bankruptcy Looms

Will Uljanik be saved? Minister Horvat is in negotiations with four potential investors to replace Danko Končar as a partner.

Wednesday, 26 September 2018

Prime Minister’s Salary to Increase by Thousands Thanks to Tax Changes

ZAGREB, September 26, 2018 - Finance Minister Zdravko Marić said on Wednesday that the government's tax changes would reduce, over a period of three years, the tax burden on citizens and businesses in the amount of some 6.3 billion kuna, and that given that there was no tax change that could increase the net income for citizens with below-average wages, he was proposing expanding the scope of products to be taxed by a lower, 13% VAT rate.

Wednesday, 5 September 2018

State Almost Certainly to Pay 70 Million Euro of Shipyard Loan Guarantees

ZAGREB, September 5, 2018 - Finance Minister Zdravko Marić said on Wednesday that it was most likely that guarantees issued to the Uljanik and 3. Maj shipyards, which are part of the Uljanik Group, would be activated and that they amounted to almost 70 million euro.

Saturday, 1 September 2018

Finance Minister Wants Long-Term Solution for Companies in Trouble

ZAGREB, September 1, 2018 - Finance Minister Zdravko Marić told Večernji List on Saturday that the state budget would withstand the payment of costs related to the ailing Uljanik shipbuilding group and the Petrokemija artificial fertiliser producer and that there would be no corrections on its revenue side or an increase in taxes, however, he did call for long-term solutions "so that we stop financing and salvaging always the same loss-making companies."

Friday, 31 August 2018

Ivica Todorić Comments on Government, Dalić's Hotmail Affair, and Extradition

The ex Agrokor boss and current fugitive in London gave an interview to Dnevnik Nove TV ahead of the British ruling on his extradition to Croatia to face trial.

Monday, 27 August 2018

Conflict of Interest Case against Finance Minister Reopened

ZAGREB, August 27, 2018 - The Conflict of Interest Commission on Monday reopened a case against Finance Minister Zdravko Marić regarding the Agrokor case and merged it with a newly-lodged complaint filed against him by the Živi Zid party. It also opened a case concerning Interior Minister Davor Božinović.

Saturday, 25 August 2018

“Plenković and Ministers Lied to the Nation”

ZAGREB, August 25, 2018 - GLAS party leader Anka Mrak Taritaš said on Friday that it was now undoubtedly clear that Prime Minister Andrej Plenković and his ministers had lied to the Croatian public about the so-called Borg group and Agrokor, and that they had used state institutions to help a particular interest group gain significant material benefit.

Friday, 24 August 2018

Prime Minister: Agrokor Transcripts Are Attack on Government

ZAGREB, August 24, 2018 - Prime Minister Andrej Plenković would not give concrete answers on Thursday when asked about the publication of deposition transcripts concerning the Agrokor conglomerate, saying it was "an orchestrated attack on the government."

Thursday, 23 August 2018

Agrokor Deposition Transcripts Leak, Did Officials Lie?

ZAGREB, August 23, 2018 - Finance Minister Zdravko Marić said on Thursday that he had not seen the whole transcript of depositions by former economy minister Martina Dalić and other witnesses questioned by the Office of the Chief State Prosecutor (DORH) which indicate, according to the commercial broadcaster N1, that Marić had been at more meetings about Agrokor than what he told the Conflict of Interest Commission.

Thursday, 23 August 2018

State Will Continue Helping Uljanik Only When Administration Steps Down

Uljanik's workers' strike will have an important role to play in the direction of the unfolding crisis - either by means of bankruptcy or by some sort of controlled settlement.

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