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Croatia to privatise its airline

CroatiaPosted by Chambers of Commerce Sweden - Southeast Europe Fri, May 10, 2013 21:35:19
According to Croatia´s Legislative & Policy Journal, the Minister of Maritime Affairs, Transport and Infrastructure Sinisa Hajdas Doncic (SDP) announced that the government intends restructure Croatia Airlines (CA) and is seriously considering privatising the state-owned carrier. While restructuring the struggling carrier, the minister stated that they will seek a potential strategic partner. Due to EU regulations, the government can privatise up to 49% to non-EU investors and up to 100% for investors from EU member states. Read more here.

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