ZAGREB (Croatia), December 1 (SeeNews) – Croatian steel mill Zeljezara Split said its nine-month net loss widened to 79.6 million kuna ($16.4 million/10.9 million euro) from 19.5 million kuna a year earlier.
The company issued the following details in a statement to the Zagreb Stock Exchange (ZSE) on Monday:
|(in millions of kuna)
Poland’s Zlomrex bought 89.34% of the indebted Croatian steelworks for 10.1 million kuna from the government in Zagreb in 2007 and later increased its stake to 95.86%.
In October Croatia said it will cancel the deal with Zlomrex by mutual consent and will launch a new privatisation tender.
The new tender procedure should be completed by the end of December.
Zeljezara Split shares were last traded on November 20, closing unchanged at 250 kuna.
(1 euro=7.3084 Croatian kuna)