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SRD Operates with Profit In 2000

Ljubljana, 23 June - The Slovene Development Corporation (SRD) last year generated net profits of SIT 165.3 million (761,000 euros) after it recorded losses of SIT 1.4 billion (6.4 million euros) the previous year. Net sales revenues amounted to SIT 753.3 million (3.5 million euros) last year, according to audited accounts. Head of SRD Marjan Rekar said that last year's results exceed the target figures. The corporation in 2000 privatised 15 companies that were in its ownership.

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© STA, 2001