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Radenska to Cut Losses by Revaluation of Stock Capital

Radenci, 29 May - Losses amounting to SIT 3.9 billion (18 million euros) from 2000, which were caused by writing off overrated assets, are to be covered by decreasing the revaluation of the company's stock capital, was decided at a shareholders' meeting of Slovenia's mineral water producer and spa resort Radenska Group on Tuesday. The 2000 annual report was also adopted at the meeting, at which 84 percent of all shareholders were represented.

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