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.
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