Radeče Papir Needs EUR 5.5m Loan to Avoid Receivership

Radeče, 7 March - Paper producer Radeče papir needs a loan of between EUR 5.5m and EUR 6m to succeed at court-mandated debt restructuring that was launched in December. Owner Peter Tevž told the press on Wednesday that three Slovenian banks agreed to a EUR 3m loan last summer, but the funds had not been transferred to the firm.

Peter Tevž, the owner of Radeče papir paper maker talking to the press.
Photo: Lili Pušnik/STA

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