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Insulation Manufacturer Becomes Owner of Serbian Company

Laško, 26 September - Insulation manufacturer Tim Lasko has acquired Serbian bankrupt manufacturer Sidal, based in the city of Sid. The Serbian trade court had issued an opening bid of EUR 545,454 for the company, which will give Tim Lasko all the necessary infrastructure for the production of Styrofoam thermoinsulation and bitumen hydroinsulation products for Serbia-Montenegro, head of Tim Lasko Jan Zizek said on Friday.

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