First Results of Goričane Paper Mill Rehabilitation Good

Medvode, 16 June - GORIČANE/PAPER/MILL/RESULTS
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.