ZAGREB (Reuters) - The Croatian government said on Thursday it would guarantee loans of up to 150 million kuna (£18.9 million) to keep one of the country's biggest shipyards afloat and give it time to find a strategic long-term partner.
The 3.Maj shipyard in the northern Adriatic port of Rijeka is owned by Croatia's biggest shipbuilding group Uljanik whose other shipyard in the port of Pula has already been placed into bankruptcy procedure.
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