First Results of Goričane Paper Mill Rehabilitation Good

The Goričane Paper Mill has had its deposit account deblocked since beginning of June. Its account being frozen since January 1993, the company used its "by pass" firm GO-PA for business transactions in the mean time. Goričane reached the accommodation with its creditors and concluded the first phase of rehabilitation successfully, the Goričane management said Friday during a meeting attended by representatives from the Ministry of Economic Affairs, the Republic of Slovenia Development Fund, Slovene Chamber of Commerce, and Goričane's business partner from Austria.

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