LTH Desperate For Cash, Turns to State

Å kofja Loka, 29 April - The supervisors of debt-stricken refrigerating appliances manufacturer LTH turned to the press on Wednesday to call for a EUR 2m loan by state-owned bank NLB. In case the loan is not granted, the supervisors will propose liquidation on 5 May.

Skofja Loka
Supervisory board of insolvent refrigerator maker LTH after a conference on plans to save the company.
Photo: Jana Mancevic/STA

Skofja Loka
Iztok Hohnjec, head of the supervisory board of insolvent refrigerator maker LTH (right), and head of the LTH's management board Milos Kodre (left) talking to the press about plans to save the company.
Photo: Jana Mancevic/STA

Skofja Loka
Iztok Hohnjec, head of the supervisory board of insolvent refrigerator maker LTH talking to the press about plans to save the company.
Photo: Jana Mancevic/STA

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