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Zavarovalnica Maribor Improves Business Results

Maribor, 1 June - Slovenia's third largest insurance company, Zavarovalnica Maribor, collected almost SIT 38bn (EUR 96.3m) in premiums in 2003, 12.2 percent more than the year before. The net profits meanwhile amounted to SIT 2.2 (EUR 9.21m) and will be used to cover the balance sheet total loss from previous years, the company said Tuesday.

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© STA, 2004