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Tobacna Ljubljana Increases Profit

Ljubljana, 10 December - TOBBACO/INDUSTRY/TOBACNA
1998 was a successful year for the tobacco industry Tobacna Ljubljana. According to Tobacna general manager Bojan Simonic, the real profit increased by 5 percent, so that the after-tax profit totals SIT 1.544 billion (US$ 9.6 million). Other business indicators were favourable, too. However, Simonic was not completely satisfied because in his opinion the company had not fulfilled all its goals - there were many problems in 1998 connected with tensions in trade with the Federal Republic of Yugoslavia, he added.

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© STA, 1998