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3. Maj Group makes loss of HRK 195.8 million in 2010

ZAGREB, Feb 14 (Hina) - The 3. Maj Group made a loss of HRK 195.8 million in 2010, as against a loss of HRK 454.6 million in 2009, according to an unaudited consolidated financial statement this Rijeka-based shipbuilding company issued via the Zagreb Stock Exchange on Monday.

The group's total revenues rose 30 percent to HRK 1.14 billion, while the spending, amounting to HRK 1.34 billion, was at a similar level as in 2009.

The 3. Maj shipyard made up 93.8 percent of the group's revenues, and its share in the expenses was 92.7 percent.

This January, the government announced the third tender for the privatisation of this dock, and only the Jadranska Ulaganja company submitted an offer. Talks between the government and Jadranska Ulaganja are under way on the restructuring of this shipyard.

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