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Swiss investment in Croatian chemical company Dioki

Tuesday, 24/07/2012

Croatian polymer and petrochemicals producer Dioki said on Friday it has received a EUR 20 million offer from Swiss-based United Energy Commodities SA to become majority owner in its Dina Petrokemija subsidiary and Italian-based affiliate Adriaoil S.p.A.

A filing with the Zagreb bourse also indicated that the Croatian finance ministry has granted a request for state guarantees on a EUR 5 million upfront transfer from United Energy Commodities SA that would be used to cover claims from Dioki and Dina Petrokemija workers.

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