Croatia to Sell Minority Stakes in Janaf, Croatia Osiguranje
The government will sell the shares through a retirement fund and use the proceeds to pay its obligations to pensioners, the government said yesterday in a statement on its website.
The Jadranski Naftovod shares being sold are valued at 271 million kuna ($49 million), while the Croatia Osiguranje shares being sold are valued at 458 million kuna, the government said.
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