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Mercator Group Reports EUR 104M Loss for 2012

Ljubljana, 29 January - The group around retailer Mercator finished 2012 with a loss of EUR 104m, the company said on Tuesday, ascribing the poor result mostly to one-off write-offs which have no influence on cash flow. The management said a restructuring of operations was in order.

The management of retailer Mercator with chairman Toni Balažič (centre) presents operating results for 2012.
Photo: Daniel Novakovič/STA

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