Unions of workers in the Dioki petrochemical company expect that the potential Turkish investor, the Caliskan company, will sign contracts and documents on Monday or on Tuesday, which will pave the way for the payment of their salaries in arrears, according to union stewards from the Croatian company.
According to the same sources, the last details of agreement with the Turkish party were finalised on Monday and the Turkish investor was provided with documents, which in line with the agreement with the Croatian government, regulate the conditions for the implementation of the government's guarantee of five million euros to the investor.
This sum will also serve for the payment of overdue salaries which workers of the Zagreb-based Dioki plant and the Dina Petrokemija plant in Omisalj on the island of Krk expect this or next week.
However, this information was not confirmed by the Dioki Group management whose chairman Leo Dolezil said after Monday morning's meeting in the finance ministry that he expected a final answer and the signing of a contract with Celiskan soon.
Last Tuesday, the Dioki petrochemical company's supervisory board gave a go-ahead to a preliminary agreement on the sale of Adriaoil, a company from the Dioki Group, to the Turkish investor Caliskan, which was one of preconditions for the implementation of the government's guarantee of five million euros to that Turkish company.
The advance payment from Caliskan would be used as funds for paying several monthly salaries in arrears to workers of the Zagreb-based Dioki plant and the Dina Petrokemija plant on the island of Krk.
In the event that the Turkish party gives up the acquisition of Adriaoil, Finance Minister Slavko Linic has said that tax administration will prepare documentation to launch bankruptcy proceedings for both Dioki Zagreb and Dina Petrokemija, as those proceedings is the only legal option apart from investments that will enable the payment of late salaries.
Unionists oppose bankruptcy claiming that this will be the worst solution as in the end both the government and the company's workers will lose. They believe that the Dioki Group has a potential and prospects to restart production and do a successful business in the future.
Dina's disgruntled workers, who are facing seizures of salaries due to unpaid bills and loan installments, held a one-hour warning protest rally on the bridge connecting the mainland and the island of Krk on Thursday, 16 August.
