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Kranj Company Might Sell Stake in Sava Tires Even before Summer

Kranj, 19 April - Aside from discussing reorganisation of the Kranj-based Sava into a holding, the supervisory board agreed on Friday that the company can sell its stake in Slovene tire manufacturer Sava Tires to Goodyear before the deadline on 1 July, the company said. The business results for 2001 were also adopted, while it was agreed that half of the net profit in the value of SIT 1.59 billion (EUR 7 million) is to be deposited in company reserves.

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