Railways to Cut Losses by End of Year, Management Claims

Ljubljana, 15 November - The Slovenian Railways Holding generated a loss of SIT 2.55bn (EUR 10.64m) in the first nine months of 2006, up SIT 409m (EUR 1.7m) over the same period last year. However, acting manager Branko Omerzu believes that the company will cut the loss by the end of the year.

Ljubljana Acting manager of Slovenian Railways Branko Omerzu at a news conference presenting the company's results in the first nine months of 2006. Photo: Domen Groegl/STA

Ljubljana
Acting manager of Slovenian Railways Branko Omerzu at a news conference presenting the company's results in the first nine months of 2006.
Photo: Domen Groegl/STA

Ljubljana Acting manager of Slovenian Railways Branko Omerzu at a news conference presenting the company's results in the first nine months of 2006. Photo: Domen Groegl/STA

Ljubljana
Acting manager of Slovenian Railways Branko Omerzu at a news conference presenting the company's results in the first nine months of 2006.
Photo: Domen Groegl/STA

Ljubljana Acting manager of Slovenian Railways Branko Omerzu (centre) at a news conference presenting the company's results in the first nine months of 2006. Omerzu is flanked by assistant Igor Hauptman (left) and workers' director Albert Pavilc (right). Photo: Domen Groegl/STA

Ljubljana
Acting manager of Slovenian Railways Branko Omerzu (centre) at a news conference presenting the company's results in the first nine months of 2006. Omerzu is flanked by assistant Igor Hauptman (left) and workers' director Albert Pavilc (right).
Photo: Domen Groegl/STA

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