uljanik in A Sentence

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    Local media reported that there were potential investors from Ukraine, Italy, Germany, China and Australia for Uljanik, which is 25 percent state-owned.

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    Croatia's Economy Minister Darko Horvat said four potential investors were looking at Uljanik's business data and another company was also interested, but did not elaborate.

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    Earlier this year, Uljanik chose local firm Kermas Energijaas its strategic partner and submitted a restructuring plan, which the European Commission rejected as inadequate.

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    Earlier this year, Uljanik chose local firm Kermas Energija as its strategic partner and submitted a restructuring plan, which the European Commission rejected as inadequate.

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    The deadline for submitting bids to become Uljanik's strategic partner remains Jan. 25 by 2000 local time(1900 GMT),” the company said in a filing to the Zagreb bourse.

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    Croatia's largest shipbuilder Uljanik, which is trying to attract investors to stay afloat, extended a due diligence process until late next week after drawing the interest of potential strategic partners.

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