Aquasava Closing, 400 People Lose Jobs

Kranj, 1 September - The Kranj-based manufacturer of cotton and synthetic fabrics Aquasava is facing liquidation and will lay off all of its 400 employees by the end of October, Edi Kraus, boss of Julon, one of the companies of the Gruppo Bonazzi, which owns Aquasava's, told the press on Monday.