ECC Aid to Yugoslav Failures

Belgrade, 4 September - In the framework of the Phar program, the EEC chose five consulting firms, which will try to find a solution for the twenty Yugoslav industrial failures. A group of four or five experts, who will try, in about three weeks, to find the causes for the losses and propose measures to better the management, will work with each of these companies. The EEC shall cover their expenses from funds pertaining to the Phar program. Meblo from Nova Gorica is one of the twenty companies, which are making losses and will be helped by foreign experts.