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Supervisory Board discussed the investment of Sava d.d. in Merkur d.d. |
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Kranj, 18 June 2010- Yesterday, on 17 June 2010, the 15th regular meeting of the Supervisory Board of Sava d.d. was held. The Board of Management of Sava d.d. made the Supervisory Board minutely acquainted with the status of the investment of Sava d.d. in Merkur d.d and Merfin d.d., and the foreseen measures.
The Board of Management of Sava d.d. made the Supervisory Board acquainted with the information it has available with regard to the operation of Merkur d.d. and its majority owner Merfin d.o.o.
The Board of Management of Sava d.d. presented the Supervisory Board various possible scenarios for exiting the situation together with a risk assessment and measures for securing the investment and receivables that Sava has in these transactions.
The Supervisory Board of Sava d.d. gave its support to the activities of the Board of Management of Sava d.d. that have been underway so far and the planned ones, which in a joint endeavour and responsibility all aim at protecting the interest of Sava and its shareholders to the maximum extent. The Supervisory Board of Sava d.d. engaged the Board of Management with a preparation of scheduled proposals of measures with explanations and instructed it to begin with the implementation of the most required measures for protecting the interest of the company.
Sava d.d.
Corporate Communications
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