(E) Private ENTREPRENEUR Offers 10 % HIGHER BID FOR INA
PRIVATE ENTREPRENEUR OFFERS 10 PERCENT HIGHER BID FOR INA
The round table organised to debate the privatisation of the Croatian oil company INA Wednesday failed to gather more than 10 participants. Vesna Skare Ozbolt of the Democratic Centre presented the views of her party, the Croatian Democratic union, the Croatian Social Liberal Party and the Croatian Party of Rights in their demand that the government halt the sale of the company to MOL. Private entrepreneur Zvonko Zubak called upon all to prevent the privatisation of the company and asked that it be sold to Croatian citizens. He reiterated his bid for the purchase of the company, which he claims is priced at 10 percent higher than the bid submitted by MOL. As the new owner, he promised job for all present employees, a pay raise of 20 percent and that 5 percent of the company's earning would go to charity over the next 50 years. He also said he would give the government a loan to purchase 25 percent of MOL or OMV shares.