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The Restructuring and Sale Centre (CERP) will next week decide on the sale of hotels owned by the Imperial company and could continue with the privatisation of those state-owned companies where procedures have already been started, the head of the State Property Management Office (DUUDI) Tomislav Boban said on Wednesday, while Finance Minister Zdravko Maric believes that the privatisation plan is facing challenges. CERP's management should decide next week about an offer made by the Valamar Riviera company to purchase 50.08% of the state's shares in the Imperial hotel company on the island of Rab. A deadline for bids for the Dubrovnik Maestral Hotel will be extended by 60 days, Boban said ahead of a cabinet meeting. "The only bid for the Imperial shares that came within the deadline by July 5 was a binding offer submitted by Valamar. Valamar offers HRK 260 million which is a little more than the asking price and I believe that the management board will accept that offer, most likely next week, because we still have some consultations to conduct in the government regarding that matter over the next few days," Boban told reporters.
06.07.2016. | PageCaretaker Tourism Minister Anton Kliman on Thursday said that a lower Value Added Tax (VAT) for tourism was being negotiated so that Croatia's tourism industry could be more competitive on the international scale. Kliman met in Dubrovnik with local and regional government officials and tourism representatives. Speaking about a lower VAT rate in tourism, Kliman said that negotiations were being conducted concerning percentages.
30.06.2016. | Page