Borovo d.d.

January 3 (SeeNews) - Croatia's centre for enterprise restructuring and privatisation, CERP, said it decided to use part of the government's shares in telecoms operator Hrvatski Telekom (HT) [ZSE:HT] and food, beverage and drug producer Podravka [ZSE:PODR] as collateral for a 6.1 million euro ($6.8 million) loan to distressed footwear manufacturer Borovo.