Dioki case

Agreement reached to unblock Dioki's account

31.01.2012 u 15:27

Bionic
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Protesting workers of the petrochemical company Dioki agreed with Labour Minister Mirando Mrsic on Tuesday on unblocking the company's account and restarting production within the next seven days. They also agreed on urgent ownership restructuring and the payment of overdue wages after production resumed.

Representatives of the Dioki workers who protested outside the Economy Ministry and the Labour Ministry said after the meeting with Mrsic that an agreement had already been reached with the biggest creditors -- the banks and the HZ rail company -- to unblock Dioki's account, and that the government would order the oil company INA and the power company HEP to do the same.

Both Dioki plants, one at Zagreb and the other at Omisalj on the northern Adriatic island of Krk, would resume production within a week, after which the workers would be paid five months' overdue wages.

The ownership restructuring process would be launched under urgent procedure, so that the banks and other creditors would enter the company's ownership structure, after which the majority stake of the present owner Robert Jezic would be reduced from the present 76% to 5-6%, workers said.

The workers' representatives were also received by Deputy Economy Minister Tamara Obradovic Mazal, after which the protesters dispersed.