Local media reported that there were potential investors from Ukraine, Italy, Germany,
China and Australia for Uljanik, which is 25 percent state-owned.
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.
Earlier this year, Uljanik chose local firm Kermas Energijaas its strategic partner
and submitted a restructuring plan, which the European Commission rejected as inadequate.
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.
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.
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.