November 30, 2018

Two Strategic Partners Interested In Uljanik Shipyard

Croatian minister of economy Darko Horvat said that currently two serious strategic partners were interested in Uljanik’s Pula shipyard: Fincantieri and Ukraine Smart Holding Group.

The clock is ticking for the yard: by mid-December an automatic launch of a bankruptcy procedure will be activated, when the 120-day deadline expires. The minister believes a bankruptcy can be avoided.

Brodosplit might also be interested in investing in the ailing Uljanik Rijeka shipyard, eventually together with Fincantieri.