August 20 (SeeNews) - Croatian fertiliser producer Petrokemija [ZSE:PTKM-R-A] said on Tuesday that the Serbian Business Registers Agency and the Register of Business Entities have adopted its application for liquidation of its Serbian unit Petrokemija d.o.o. Novi Sad.
The company's supervisory board gave its consent to the launch of the liquidation of the Serbian unit on July 26, Petrokemija said in a filing with the Zagreb Stock Exchange (ZSE).
In July, Petrokemija said it swung to a consolidated net profit of 27.4 million kuna ($4.1 million/3.7 million euro) in the first half of 2019, from a net loss of 177.6 million kuna a year earlier.
(1 euro = 7.38793 kuna)