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Mounting Losses Should Be Stopped, New Mura CEO Tells Business Weekly

Ljubljana, 26 August - Mura is not debt-ridden, the newly-appointed CEO of this leading Slovene clothes maker Borut Meh told the business weekly Gospodarski vestnik. "However, if this continues for another year, then we're heading towards a catastrophe. My first task is to try and stop ... the mounting losses," Meh said about his company, which has been in the red for two years. "We'll be able to speak about profit in three to four years," he said.

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