Business News

CORRECTION: $Geoplin Shareholders Earmark EUR 10m for Dividends$

Ljubljana, 22 June (STA) - Please note that Geoplin is not the only gas distributor in Slovenia as stated in paragraph 3 of the 17 June copy, but the only gas supplier in the country. Below is the corrected version of the copy.

Geoplin Shareholders Earmark EUR 10m for Dividends

Gas supplier Geoplin will earmark EUR 10m for dividends, a half of last year's distributable profit, according to a resolution adopted by shareholders at the general meeting on Thursday, 17 June.

The company ended last year with a net profit of EUR 19.5m, down from EUR 30.9m from the year before, on net sales that plunged to EUR 317.1m from EUR 406m in 2008.

Geoplin, the only gas supplier in Slovenia, supplied 1.02bn cubic metres of gas last year.

The company is majority-owned by the state (32.6%) and oil group Petrol (32%).

You might be also interested in:


We are here to help you.