From Global Leaders to the Edge of Survival – Crucial Decade for Croatian Shipyards

@inproceedings{Sokoli2011FromGL,
  title={From Global Leaders to the Edge of Survival – Crucial Decade for Croatian Shipyards},
  author={Danijela Sokoli{\'c}},
  year={2011}
}
Trends on the shipbuilding market indicate a rapid fall in market share and market position of European shipyards and shipbuilding groups in the overall shipbuilding market share. The consequences of those trends are seen in the closing down of shipbuilding industries in many EU states. Such scenario could be foreseen in Croatian shipyards too. They generate substantial losses which were covered by Government subsidies in past. This paper explores the causes of market failure of Croatian… CONTINUE READING