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Croatian state-owned railway companies in evaluation for potential privatisation

The Croatian government has officially launched the privatization of the remaining state-owned companies. The State Office for State Property Management has recently announced a public tender for consultancy services for the initial evaluation of the portfolio of the companies owned by the state, before the government decides on their privatization or on the further restructuring to guarantee their viability before any future privatisation process.

HŽ Infrastruktura, the rail infrastructure manager, HŽ Putnički prijevoz, the rail passenger operator and HZ Cargo, the rail freight operator are among the 54 state-owned companies companies to be evaluated.

“We are undertaking evaluation of certain segments of state property and based on that and additional  factors we will present a comprehensive proposal. At this point, I would not speculate on individual companies”, said Zdravko Marić, Finance Minister.

The European Commission (EC) has rejected last week the restructuring plan of HZ Cargo. The representatives of DG Competition held a meeting with the Croatian Minister of Maritime Affairs, Transport and Infrastructure Oleg Butkovic and requested a new restructuring plan for the company by mid-June.


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