Sunčani Hvar d.d., Hvar (10 Hotels, Craotia) | Invitation for Submission of Offers for Establishment of the Public-private Partnership in Company

Regarding the strategic importance of the Hvar island as tourist destination and significance of Sunčani Hvar d.d., Hvar (hereinafter: the “Company”) for Hvar's economy, the Government of the Republic of Croatia (hereafter: the “State”) has decided to exempt shares in the Company from standard sale procedure and has instructed the Fund to announce an international public invitation with the objective of...

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The deadline for submission of bids: July 08, 2004 by 14:00 Hours.

The Croatian Privatization Fund (CPF) was established to implement and complete the privatization of former socially-owned enterprises, assets and legal persons in its portfolio wherein the state institutions (State Agency for Bank Rehabilitation and Guarantee of Saving Deposits (DAB); Croatian Pension Insurance Institute (HZMO), Croatian Health Insurance Institute (HZZO); HEP; INA; Croatian Bank for Reconstruction and Development (HBOR) hold shares and business interests.

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