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1996 Successful for Sava Kranj

Sava Kranj manufactured 62,000 tons of rubber products in 1996, creating DM 345.1 million of turnover. It exported nearly four fifths of its total output, mainly car tyres which account for 76.4 percent of the total. The company was more successful in 1996 than the year before, which is also evidenced by net profit amounting to SIT 247.1 million, 31 times more than in 1995, chairman of Sava's Board of Directors, Janez Bohorič told a news conference on Wednesday. For the first time, the company is this year to pay out dividents to over 42,000 shareholders.

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© STA, 1997