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Emona Obala Remains in the Red

Koper, 2 March - Wholesaler and retailer Emona Obala has reported a loss of SIT 2.046bn (EUR 8.5m) for 2004, which is SIT 1.6bn (EUR 6.7m) better than the massive loss made in 2003. The group, which runs a chain of round-the-clock grocery stores, says it has overcome its problems related to EU entry and mistakes in the balance sheets from previous years.

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© STA, 2005