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Gorenje Expects Profits of 14 Million Euro in 2001

Velenje, 20 December - The Velenje-based white-goods producer Gorenje plans to record SIT 242 billion (1.1 billion euros) of unconsolidated or SIT 145 billion (690 million euros) of consolidated net turnover next year. According to assessments of the supervisory council, net incomes of the Gorenje group should increase by 16 percent in 2001. SIT 9.8 billion (46 million euros) will be allocated to investments next year.

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