PRIVATIZACIJA INA-e; UZROCI, MODEL, POSLJEDICE
In Croatia, the 90’s of last century were implemented processes of transformation and privatization. Croatian privatization model was designed in such a way that it consisted of two stages; transformation and privatization. The process of transformation of social ownership began on April 23, 1991. Transformation stage is marked by two parallel flow; formal legal flows and financial flows transformation. The second stage of the privatization process of was privatization stage, which is divided into the privatization portfolio held by the Croatian Privatization Fund (HFP), within which we have the coupon privatization and the privatization that takes place outside of the HFP (privatization of public enterprises and privatization of the banking industry). The privatization process started in May 1, 1993. In the process of privatization of public enterprises moved on to the privatization of INA.
Since 1990, INA is a company owned by the state and since 1993 a joint stock company. The first stage of privatization, in which the purchase of 25 percent plus one share of INA's strategic partner MOL station, completed in 2003. In 2006 INA went into the next stage of privatization when the Government has launched the sale of 1,700,000 of its common shares. In January 2009 MOL and the Croatian government signed the Amendment to the Shareholders Agreement. Pursuant to these agreements, INA, d.d exits from the regulated part of the gas business. The fact that the established inquiry commission for the privatization of INA that former Prime Minister Ivo Sanader was arrested and tried for accepting bribes from MOL that the Republic of Croatia filed an arbitration claim against MOL, and information studies of US consulting firm AT & Karney and Oil & gas Consulting which showed that MOL following the takeover of INA Croatian side of non-compliance with the agreement damaged for $ 6.2 billion refer to the lack of strategy on Croatia's energy future, but on the contrary show that the privatization of INA is entered without a strategy and with only one goal and that is to meet their own and political interests. The desire of the author is that of errors that occurred in the privatization of INA, learn something privatization yet to come, that such mistakes would not happen again. INA is one of the companies which are the carriers of the Croatian economy, unfortunately we didn´t treated her on that way. The question is what is the Republic of Croatia could get to the INA remained in its majority property. They are now just speculation. Financial results of INA´s last year are positive. Indicators for 2015 and the first quarter of 2016 indicate that operates at a loss, and the time will show what happens next.