Domel Increases Sales, Profits Drop

Železniki, 28 June - Domel, the Zelezniki-based maker of electric motors, increased sales by 5.3% last year to SIT 13.7bn (EUR 57.2m) despite what it says were adverse market conditions. Profits slumped by 6.4% to SIT 110m (EUR 0.46m) in the same period, the company said on Tuesday.