Cablex-M reports over EUR 12m in flood damage

Mežica, 6 September - The Mežica-based Cablex-M, a company producing, marketing and servicing electrical products, has suffered an estimated flood damage of over EUR 12 million. The company, employing 340 people, currently works with about half of production lines running. CEO Samo Simetinger hopes production will be fully operational again by the end of the month.