MAY 30 2012 21:29h

Modification of plans for restructuring shipyards

A ship is seen being constructed on a dry dock at Gdansk shipyard

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Croatia

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The European commission can't accept that Funds of economic cooperation are taking privatization on shipyards because the State has 50 percent share in the Funds. There is an urgent need for new solutions for the 3rd of May and Brodotrogir shipyards, and due to new losses of the Split's shipyard, estimated on 600 million HRK, this restructuring plan needs to be modified.

''Now we have chance to modify the first plan and our Agency for protection of market competiveness and the  European commission are involved in the process'' Grcic said. (Mediaservis).