Sava Group Loss Just Shy of EUR 100m

Kranj, 26 April - Conglomerate Sava posted a net loss of EUR 99.9m for 2010 compared to a EUR 23.4m net profit for 2009, largely on account of write-downs on its stake in troubled hardware retailer Merkur, the company said in its earnings report Tuesday. Sales grew 2% to EUR 176.7m.