TZV Gredelj

Minister Oleg Butkovic visited Gredelj

Zagreb, May 5, 2021 – Today, Gredelj Roling Stock Factory LLC under bankruptcy proceedings (hereinafter TZV Gredelj) was visited by the Minister of the Sea, Transport and Infrastructure, Oleg Butković.

– I am glad that the agony of Gredelj is coming to an end, that the bankruptcy proceedings are being completed and that production has started. That is good for both Gredelj and Croatia. What I saw there surprised me really pleasantly and I support it – said the Minister of the Sea, Transport and Infrastructure, Oleg Butkovic, during a tour of the production facilities.

Gredelj Rolling Stock Factory has been under bankruptcy proceedings since October 2012. The company TATRAVAGONKA a.s. submitted an offer for investment in TZV Gredelj and stated in the offer the amount of investment of EUR 45 million. Pursuant to the decision of the Creditors’ Assembly of December 12, 2012 and the above offer, a draft bankruptcy plan was prepared in accordance with the provisions of the Bankruptcy Act, with the goal of sustainability to continue operating through the said bankruptcy plan. I sincerely hope that this is the beginning of a new Gredelj, and that by means of the bankruptcy plan, business operations will be maintained and jobs will be preserved, and also that the bankruptcy will be ended in mid-summer.” – said the bankruptcy trustee of Gredelj, Tomislav Đuričin.

At the end of March this year, the Slovak company Tatravagonka rented a hall in the production plant of TZV Gredelj and thus started the production of freight wagons for the Western European market. By the end of this year it plans to produce more than 200 wagons of that type.