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HIRS: Croatian firm may be forced into bankruptcy

INA, the Croatian oil monopoly, has demanded the bankruptcy of HIRS, the Lipik-based Croatian glassmaker, due to a debt of HRK 30 million (US$ 3.6 million/EUR 3.9 million). HIRS also owes HRK 6 millio…

INA, the Croatian oil monopoly, has demanded the bankruptcy of HIRS, the Lipik-based Croatian glassmaker, due to a debt of HRK 30 million (US$ 3.6 million/EUR 3.9 million). HIRS also owes HRK 6 million (US$ 718,000/EUR 779,000) to HEP, the Croatian electricity monopoly and wages for six months to its 330 workers.

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