Troubled Leather Company IUV Decreases Net Loss in 2005

Vrhnika, 20 March - The debt-ridden leather company Industrija usnja Vrhnika (IUV) generated SIT 5.58bn (EUR 23.29m) in net sales revenues in 2005, a 4% increase year-on-year. Moreover, the company decreased in 2005 its net loss from SIT 822m (EUR 3.43m) to SIT 109m (EUR 454,934), IUV has said.