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Croatia Gets Two Bids in Shipyard Tender - Media

Sep 30, 2009, 6:22:24 PMArticle by Kire Nedelkovski
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September 30 (SeeNews) - The Croatian Privatisation Fund has received bids for only two of the six state-owned shipyards that have been put up for sale, local media reported on Wednesday.

Croatia Gets Two Bids in Shipyard Tender - Media

The bidding deadline in the international tender, called in late July under conditions Croatia must meet as part of its entry talks with the European Union, expired at 1200 GMT on September 30.

The More Trogir Slobodana Ljubicica company has offered 100 million euro ($146 million) for a capital raise at the Trogir-based Brodotrogir shipyard and investments totalling 500 million euro over the next five years, web portal Bankamagazine (www.bankamagazine.hr) said on Wednesday, not naming its source.

The Adria-mar company has submitted a 18.16 million kuna ($3.6 million/2.5 million) bid for the Split-based Brodosplit BSO shipyard for special-purpose vessels, but the company does not accept the condition set as part of the tender to make a 40% contribution to the shipyard's restructuring costs, Bankamagazine added.

One offer was also handed in for the Rijeka-based 3.Maj shipyard, by the Mije Opacka Regulacija company, but it has been rejected as invalid, the news provider said.

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