Croatian Post will raise a loan of 200 million kuna to pay severance to employees who accept contract termination, reports Globus.
According to their reports, as much as 22.4 million kuna will be spent on interest for the mentioned loan, and the restructuring program anticipates the departure of 1,500 out of 10,600 employees.
Currently, HP spends 69 percent of its expenses on employee salaries, with an average salary of 8,800 kuna.
