MLM Foundry Generates EUR 3M Loss in 2009

Maribor, 26 January - Foundry Mariborska livarna Maribor (MLM) generated EUR 3m loss in 2009, a consequence of the tough economic situation, MLM chairman Branko Zerdoner told the press on Tuesday. The foundry's revenues reached EUR 61m. Zerdoner expects the foundry to increase sales revenues by some 15% in 2010.