Banks Extend Peko's Debt Repayment Moratorium by a Year

Tržič, 6 January - Footwear maker Peko has been able to catch its breath after creditor banks agreed to extend for another year a moratorium on loan repayment. This will allow the company, whose debt to banks amounts to EUR 4m, to continue with restructuring, Peko CEO Slavko Despotović told the STA on Monday.