CERP sells Uljanik stake to Turkish firm for €12.05M, above initial price

Croatian state asset management body CERP accepted a €12.05 million offer from a Turkish company for its stake in shipbuilder Uljanik Brodogradnja 1856, exceeding the initial asking price. The deal signals progress in privatizing a strategic industrial asset, though the buyer's identity and final terms remain undisclosed. This is a notable but modest corporate transaction with limited macro impact.