In recent days in Šibenik, the Croatian Deputy Prime Minister and Minister of the Sea, Transport and Infrastructure, Oleg Butkovic, has signed the extension of the 20-year duration of the concession contract, dating back to 2004, of the shipyard Iskra Shipyard. Specifying that the renewal of the contract represents the logical consequence of the investment plan that the Šibenik shipbuilding company has submitted to the Ministry of Sea two and a half years ago, the president of Iskra Shipyard, Roki Vuletic, announced that in the coming years the company will invest around €30 million in the shipyard to the purchase of new equipment, for the modernization of the current infrastructure of the plant and for the expansion of the construction site on an area of 11,000 square meters currently unused.

On the occasion of the signing of the contract, which extends the duration of the of the concession until 25 September 2054, Minister Butkovic recalled that the construction site is currently being carried out on behalf of the Ministry to build seven search and rescue ships and is renovating the training ship Kraljica Mora.