Registered capital of MLM foundry reduced to avoid insolvency

Ljubljana, 10 November - The shareholders of the state-owned foundry MLM approved on Friday a simplified reduction of the company's registered capital to cover a running loss of EUR 5 million in what is a second attempt of the kind this year to avoid insolvency. This comes as unofficial reports say that a new procedure to sell MLM will be launched next week.

The MLM foundry.
Photo: Gregor Mlakar/STA
File photo

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