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Gorenje Reports Massive Profit Increase in 1998

Velenje, 12 May - ECONOMY/GORENJE/RESULTS
Velenje-based white goods manufacturer Gorenje had a good year in 1998. Its net profit was up by 40 pc y/y to SIT 1.8 billion (about US$ 10 million), with consolidated sales rising by 11.2 percent to SIT 101.8 billion (US$ 568.7 million), CEO Joze Stanic told a news conference.

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