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Sava to Quote its Shares at the Ljubljana Stock Exchange on Thursday

Kranj, 5 January - COMPANIES/SAVA
The shares of the Kranj-based tyre manufacturer Sava will be quoted on the Ljubljana Stock Exchange on Thursday. Sava, whose turnover amounted to SIT 9.2 billion (DM 92 million) last year, with profit before tax totalling about SIT 2.3 billion (DM 23 million), will thus join the rest of 25 Slovene companies quoted at the stock market. According to Board Director Janez Bohoric, the quoted shares, the nominal value of which totals SIT 10,000 (DM 100), while the price at the grey market fluctuates between SIT 15,500 and 17,000, will approach the book value in the long-term, which amounted to SIT 26,000 at the end of last September.

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