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Gorenje's Nett Profit Swells by Five Times

Velenje, 13 July - GORENJE/OPERATIONS
Gorenje, Velenje-based household appliances and consumer electronics producer, last year recorded a nett profit of SIT 1.4 billion (US$ 8 million), 500 percent up from a year before, while sales amounted to SIT 59 billion (US$ 345 million), up by 29 percent. 'A positive trend in the company's operations continues also this year, when a favourable growth in sales has been recorded. Gorenje is this year thus expected to reach or even surmount the level of last year's profit,' Joze Stanic, the acting management board director, said on Monday, a few days before the company's first general meeting.

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