JANAF could be privatized – Croatia, 17 October 2016

According to unofficial sources, Croatian crude oil transportation company JANAF could be privatized, as the minority stake in the company would be offered for sale. Because of these speculations, the Zagreb Stock Exchange has included JANAF’s shares in the observation segment.
In recent years, privatization of JANAF was announced on several occasion, but the idea was dropped due to public pressure. However, new Croatian Government is currently forming and the Ministry of Energy and Environmental Protection should be one of the most important ones, with Slaven Dobrovic as the Minister. This will also be the first time that large energy companies such as INA, HEP, JANAF or Plinacro would be under the control of this Ministry.

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