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A Green Light for Peko Rescue

Tržič, 13 June - Shareholders of the debt-ridden shoe manufacturer Peko decided on Wednesday to decrease the company's nominal capital from SIT 4.9 billion (22.6 million euros) to SIT 3.9 billion (17.9 million euros) in an attempt to cover losses from past years. The shareholders also gave a green light to a supply of fresh capital in the amount of 50 percent.

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