Latest strike brings Uljanik yard closer to bankruptcy

Latest strike brings Uljanik yard closer to bankruptcy

Workers from the biggest Croatian shipbuilding group Uljanik have gone on strike for the fourth time this year.

Boris Cerovac, president of the strike committee, told reporters earlier this week that workers are aware that the strike could mean the end of the company.

“I hope that someone is willing to find a solution in a short time. Nevertheless, the problem is quite large and significant. We are approaching bankruptcy,” Cerovec said.

All work – including via subcontractors – has stopped at the yard this week.

Uljanik is the oldest shipyard in Croatia and has been in financial difficulties for years with a number of orders cancelled recently.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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