Turkish-Jordanian consortium to acquire Uljanik shipyard with €1M loan

Kuzey Star, a Turkish-Jordanian consortium, has been selected as the buyer for Croatia's Uljanik shipyard in Pula, pending regulatory checks. The deal involves a new loan of one million euros, signaling a potential revival of the struggling shipyard. This marks a notable step in the privatization of a strategic industrial asset, though final approval and financial viability remain uncertain.