Avtoobnova Finds Solid Ground
Maribor, 4 May - COMPANIES/AVTOOBNOVA
Avtoobnova, one of the leading repair services of vans and trucks in the former Yugoslavia, decided to bring back the reputation it once had after undergoing a decade-long crisis. The Maribor-based company (eastern Slovenia) generated SIT 118 million (585,158 euros) worth of losses in 1999, but the business results in 2000 have improved. Avtoobnova has become an authorised repair service for Mercedes vehicles, in which SIT 200 million (990,100 euros) were invested.
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