Firms Used Bulk of Debt for Non-Core Financing, Analysis Shows
Ljubljana, 8 December - Debt levels at major Slovenian industrial companies rose 20% in 2007 and 26% in 2008 before falling in 2009. Only 43% of the new debt was used for the financing of core activities, the rest was spent on financial investments and real estate, shows an analysis by the Ljubljana Faculty of Economics presented on Wednesday.
Ljubljana
Professor at the Ljubljana Faculty of Economics Janez Prasnikar (left) presents results of the analysis on investments in Slovenian companies along with head of the GZS general assembly Uros Slavinec (right).
Photo: Tamino Petelinsek/STA
Ljubljana
Professor at the Ljubljana Faculty of Economics Janez Prasnikar (left) presents results of the analysis on investments in Slovenian companies with GZS president Stojan Binder.
Photo: Tamino Petelinsek/STA
Ljubljana
Professor at the Ljubljana Faculty of Economics Janez Prasnikar presents results of the analysis on investments in Slovenian companies at a conference organised by the Slovenian Chamber of Commerce and Industry (GZS).
Photo: Tamino Petelinsek/STA
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