Dutch shipbuilders Damen and Royal IHC have held talks over a potential takeover of Croatia's struggling Uljanik Group.

The country's economy minister Darko Horvat told the Hina news agency that the pair were invited to carry out due diligence, but have not yet done so.

The yards have reportedly said they are now not interested in bidding for the shipbuilder, which operates the Uljanik yard in Pula and 3 Maj in Rijeka.