Croatia's Uljanik decides to place letter of intent to buy local peer 3.Maj

3. Maj said in July it had turned to a consolidated net loss of 73.1 million kuna ($11.8 million/9.7 million euro) in the first half of 2012 from a consolidated net profit of 2.8 billion kuna a year earlier.

The state owns 83.32% of 3.Maj.