ZAGREB (Croatia), September 18 (SeeNews) – Croatian shipbuilding, nautical tourism and energy company Tehnomont has blocked the accounts of Rijeka-based shipyard 3. Maj, local media reported on Friday.
The accounts were blocked over the non-payment of an obligation worth 4.5 million kuna ($986,000/617,000 euro) owed to Tehnomont's Pula-based shipbuilding unit Tehnomont–Brodogradiliste Pula, Croatian daily Novi List (www.novilist.hr) reported, quoting the head of the 3.Maj management, Zeljko Starcevic.
Starcevic told the daily he had tried and failed to reach an agreement with the Pula-based company not to trigger the obligations.
The amount at stake is not big and would not pose any problem, he further told Novi List.
Earlier this week, Croatian daily Poslovni Dnevnik (www.poslovni.hr) quoted Starcevic as saying that 3.Maj will soon arrange a 210 million euro ($308 million) loan from an unnamed UK bank.
The funds will be used to build a total of four tankers for Croatian shipping companies Tankerska Plovidba and Uljanik Plovidba, Poslovni Dnevnik said.
(1 euro=7.2895 Croatian kuna)