Source: Beta | Friday, 21.10.2016.| 10:44
Highlight an article Print out the news

State must return around EUR 100 million of Petrohemija’s debts

(Photo: hip-petrohemija.com)
Prime Minister Aleksandar Vucic stated yesterday that the state needed to take over the debts of Pancevo’s Petrohemija in the amount of around EUR 100 million, in order for the company to be able to find a strategic partner.

– Petrohemija now has EUR 50 million on its account, but we will once again have to repay their debts of around EUR 100 million at the end of the year – Vucic said and pointed out that it was hard finding an interested investor with such debts.

– We want to have a clear situation, without past debts being a burden on us, because that way we might stand a chance of finding a strategic partner – he said.

Vucic added that the situation would change once the debts had been settled and added that the intention was to incur a small deficit in December in order to repay the debts.

– The Republic of Serbia “has bled” due to Petrohemija, financially, and will again in December – Vucic said.

Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE