The news about the approval of the loan was broken by Economy Minister Darko Horvat.
The Supervisory Board of HBOR consists of ten members: six ministers of the Croatian government, three members of the parliament and the chairman of the Croatian Chamber of Economy.
Horvat welcomed as good news the fact that more than 90% of the creditors of the Rijeka-based had accepted the deal whereby they accede to the terms of the agreement on the delay of 85% of their dues for a period of 2 years while the remaining 15% would be paid to creditors from a new loan to the shipyard.
Text: Hina