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Slovene Steelworks Report Successful Operation Results for 2000

Ljubljana, 7 February - Companies associated in the Slovene Steelworks concern increased sales revenue by 25.9 percent to SIT 56.9 billion (EUR 267 million) in 2000, making a net profit of SIT 804 million (EUR 3.7 million). Manufacturing companies alone allowed for SIT 61,727 billion worth of sales revenue, exceeding the target figure by 16 percent and the 1999 figure by 15 percent. Those companies made a net profit of SIT 1,03 billion (EUR 4.8 million), after recording a loss of SIT 878 million in 1999 (EUR 4.1 million).

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