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Food Producer Klasje Proposes 15 Percent Pay Cuts in a Restructuring Effort

Celje, 2 April - The board of Slovenia's bread and pastry maker Klasje has proposed salary cuts of 15 percent to its employees in an attempt to ensure a stable restructuring of the troubled food producer, which reported annual losses of SIT 300 million (EUR 1.33 million) in 2001.

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