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Iskraemeco Looking for New Owner to Help Guide it Out of Loss

Kranj, 17 April - Iskraemeco, the cash-strapped electricity meters maker, sunk deep into the red in 2006 as it posted losses of nearly EUR 30m, which is EUR 11m more than the management had predicted in January. Despite the bad state of finances, the management is confident that restructuring measures are working, while the group has begun searching for a new owner to help it get back on its feet.

Kranj.
Iskraemeco officials speak to the press. From left to right: chairman Janko Steharnik, chief supervisor Marko Pogacnik and Bostjan Marovt, head of the DUS company that manages the ownership stake of the employees.
Photo: Tinkara Zupan/STA

Kranj.
Iskraemeco officials speak to the press. On the left, chief supervisor Marko Pogacnik; on the right, Bostjan Marovt, head of the DUS company that manages the ownership stake of the employees.
Photo: Tinkara Zupan/STA

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