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Insurance Company Slovenica Successful in 1998

Ljubljana, 10 February - COMPANIES/INSURANCE/SLOVENICA
Slovenica operated successfully in 1998, judging from the estimates about the minimum unaudited profit of SIT 12 million (US$ 72,000). Spreading its sales network, the insurance company re-invested SIT 205 million to development, which has reflected in a decreased business result. Last year, Slovanica's insurance premiums increased by 16.5 percent to slightly over SIT 6 billion.

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