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Bad Loans Cause Massive Loss at Lasko

Laško, 31 March - Soured loans given to its former owners have caused beverage group Pivovarna Lasko to end the year with a loss of EUR 164.5m, down from a profit of EUR 3.8m in 2008.

Lasko
Beverage group Pivovarna Lasko reports EUR 164.5m loss for 2009 due to devaluation of bad loans.
Photo: Daniel Novakovic/STA

Lasko
Beverage group Pivovarna Lasko reports EUR 164.5m loss for 2009 due to devaluation of bad loans.
Photo: Daniel Novakovic/STA

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