Loss of Petrokemija Kutina in the first eight months of this year amounted to about 20.1 million euros, and it is possible that at the level of the year will be higher than last year , and management undertakes a range of activities in order to mitigate the negative effects of a such situation, reported Petrokemija via Zagreb Stock Exchange.
The Management Petrokemije notes that the company ,in the third quarter ,continued to operate with a loss greater than the previous published estimates and therefore decided to ” announce new elements of judgement of achievement of the key performance indicators by the end of 2013. “. According to previously published data , Petrokemija d.d, in last year’s business, reported a loss of 24.6 million euros.
A great number of activities of operational savings measures was undertaken, at all levels of society, the preparatory work on reducing the number of employees by approximately seven percent by, the end of the year ,through a program of care, is in the course , and the closure of the subsidiary in Slovenia,is in the process, which has no no excuse for continuing operations.
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As the main action, it is noted, the initiate activities of finding strategic partners in accordance with the decision of the Government , and it is reported that on the basis on the collected bids , the selection of the consultant for a strategic partner is in the course.
