Positive Trends Continuing at the Slovene Steelworks
Ljubljana, 26 May - ECONOMY/SLOVENE/STEELWORKS
Active companies within the group Slovene Steelworks made a loss of SIT 390 million in the first quarter of 1999, while the reported loss in the same period last year totalled nearly one billion Slovene tolars. A huge burden for the entire group, however, is the Slovene Steelworks non-active companies (for instance, the companies in receivership), whose losses accounted for 52 percent of all Slovene Steelworks companies' red figures.
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