KAD Satisfied with 2003 Performance, Sets Ambitious Goals for 2004

Ljubljana, 13 January - The Pension Fund Management (KAD), which manages more than SIT 240bn (EUR 1.01m) of its own capital and some SIT 60bn (EUR 253m) of fund capital, finished 2003 with solid profits. KAD pursued its goal of selling companies which it had acquired in the privatisation process, selling 43 of the planned 45 companies in its portfolio, chairman Borut Jamnik said on Tuesday.