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Bankruptcy opened for Itas-Prvomajska, company known for worker self-management

· Source: Hina· Author: Vojo Micak· Photographer: Baldo Marunčić

ZAGREB, 31 July (Hina) - The Commercial Court in Varaždin has opened bankruptcy proceedings against Itas-Prvomajska in Ivanec, Croatia's only machine tool manufacturer to operate under a worker self-management model, and scheduled a hearing to examine creditors' claims for 24 November.

(Hina) vm

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