The mentioned guarantee amounts to HRK 300m, which represents 100% of the approved credit and/or financial framework.

The Government of the Republic of Croatia held a session in which they issued a decision granting a State guarantee in favor Croatian Bank for Reconstruction and Development (HBOR) and/or other commercial banks at home and/or abroad for credit indebtedness and/or financial framework for liquidity to companies of Đuro Đaković Grupa.

The mentioned guarantee amounts to HRK 300m, which represents 100% of the approved credit and/or financial framework. Of that amount, HRK 150m will be used, after the adoption of this decision, to create preconditions for unfreezing accounts, starting production and completing started contracts with customers, and paying obligations to customers financial institutions, as well as obligations towards the Republic of Croatia.

The other HRK 150m is intended for working capital for production in the facilities of the company Đuro Đaković Specijalna vozila, mainly for payment to suppliers, credit obligations, guarantees for good performance of work, advances received. The mentioned amount will be used upon receiving the consent of the European Commission in accordance with the guidelines of the European Commission on State aid for rescuing and restructuring non-financial undertakings in difficulty.