Restructuring Uljanik administration requested as much as 350 million euros from the state, a smaller portion of the November 2018 calendar Printable money invested would be a strategic partner Danko. Kriza with non-payment of wages is not the first this year. At the beginning of the year, there was also a crisis with the liquidity of the pulp shipyard. Then as now there were pressures from the Management Board, as well as local Istrian politicians on the government to ensure state guarantees for the payment of salaries, suppliers, and insurance of shipbuilding. The Pulski Uljanik Administration did not have any money to pay the wages for December for nearly 2800 pulp shipyards, so in the end the government slammed to pay the salaries and secured the continuation of the business. At the beginning of the year, the Ministry of Finance authorized the Ministry of Finance on behalf of the Republic of Croatia to issue EUR 96 million state guarantee in favor of Croatia Post Bank and / or other commercial banks in Croatia or abroad for crediting Uljanik Brodogradilišta for the purpose of rehabilitation and financial consolidation.
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A liquidity loan of up to EUR 96 million will be used by the beneficiary to use the funds needed for the construction of ships in Pula amounting to EUR 38.2 million, a debt repayment to Uljanik dd which will be used for the materials needed for the construction of the ships in Pula up to EUR 10 million, salaries and overheads of up to EUR 4.6 million, shipyard obligations to suppliers up to EUR 12 million and future shipyard costs up to EUR 31.2 million, “Mari said on the occasion of the State guarantees.
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The then Deputy Prime Minister of the Government, Martina , said that the loan had to be repaid within six months or that the shipyard had to make a restructuring plan within the same time period, including the finding of a new strategic partner and his entry into the Uljanik group. There is a serious restructuring process in front of the Uljanik Group, which is subject to certain conditions regarding the Uljanik shipyard itself, including the appropriate decisions of the Uljanik Shipyard and Uljanik Company’s Supervisory Board, as well as the appropriate decisions of the Uljanik assembly. expects the EC to have a positive opinion on this restructuring process.
We do not know if this will happen, but it is extremely important that everyone from Uljanik’s group invests the utmost effort to implement November 2018 calendar Printable in the way restructuring in the context of state aid is being implemented,” he concluded. The European Commission has accepted the state guarantee on 22.01.2018, which has become valid. Thanks to the day’s guarantee, Uljanik has paid his salaries for more than half a year, and Uljanik’s Board undertook to make a restructuring plan and financial rehabilitation plan within six months, so that a similar situation would not happen again.