Italian shipbuilding giant is one of two groups interested in investing in Croatia's troubled Uljanik Group.

Croatian economy minister Darko Horvat said it has a letter of intent from Fincantieri, while it is awaiting an answer from Ukraine's Smart Holding, tportal.hr reported.

Earlier this week, Croatian prime minister Andrej Plenkovic met the owner of Smart Holding, the yard and metals tycoon Vadim Novinski.