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CROATIAN POST'S LOSS OF 81.8 MILLION KUNA TO BE COVERED BY RESERVES

ZAGREB, July 1 (Hina) - Losses of 81,885,725 kuna which the Croatian Post (HP) registered in the financial 2000, will be covered from the company's reserves. The HP General Assembly, which held a session last Tuesday, accepted a report on the company's business activities in the last year and decided to cover the losses by funds from the reserves. During the session, chaired by Alojz Tusek, Croatia's Minister of Transport, Communications and Maritime Affairs, the Assembly decided to change the HP Statute in order to adjust its provisions to the changes in the Labour Act. Thus, the HP Supervisory Board will also include a representative of employees.(hina) ms
ZAGREB, July 1 (Hina) - Losses of 81,885,725 kuna which the Croatian Post (HP) registered in the financial 2000, will be covered from the company's reserves. The HP General Assembly, which held a session last Tuesday, accepted a report on the company's business activities in the last year and decided to cover the losses by funds from the reserves. During the session, chaired by Alojz Tusek, Croatia's Minister of Transport, Communications and Maritime Affairs, the Assembly decided to change the HP Statute in order to adjust its provisions to the changes in the Labour Act. Thus, the HP Supervisory Board will also include a representative of employees. (hina) ms

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