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Iskra Opens the Way for the Takeover of the Rijeka Shipyard After the Croatian Government's Agreement with the Bankruptcy Administrator
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The Croatian government and the bankruptcy administrator of the Rijeka shipyard have reached a settlement, the Croatian daily Poslovni dnevnik reports. With this, the Croatian state has resolved a legal dispute before the expiry of the only valid bid for the takeover of the shipyard, submitted by the company owned by the Slovenian Šešok family, Iskra Brodogradilište 1 from Šibenik.
On May 3, the bankruptcy trustee and the state reached a settlement on ownership and the sale of shares.
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