Bankruptcy for the Third of May shipyard has been postponed for a third time. Judge Ljiljana Alvir at the Commercial Court in Rijeka postponed the decision, meaning that she took into account a recommendation by Economy Minister Darko Horvat who proposed to the court that the Third of May shipyard not go into bankruptcy.
The next hearing has been set for March 28th. With the decision the judge has given the shipyard's management a third chance to unblock their bank account and find money to pay workers.
Ahead of today's hearing the union committee at the Third of May shipyard organized written responses by workers as to whether or not they want bankruptcy to go through if they don't receive their salaries. The majority of workers were against bankruptcy, something union representative Boris Bućanac confirmed.
“The number of signatures is under half, meaning less than half of the workers have said that if they do not receive their salaries they would want bankruptcy to be declared. Our conclusion is that workers, despite the difficult situation they have found themselves in, have for the majority nevertheless found the strength and decided that they are not for the bankruptcy option,” said Bućanac.
- Government expected to decide on Uljanik on Thursday
- Unions announce retirement age referendum initiative
- President says investment needs to create better, higher paying jobs
- American Airlines to introduce direct line between Philadelphia and Dubrovnik
- Marić: Uljanik Group’s numbers are staggering
- Croatia best European destination for business tourism in 2018