CORPORATE NEWS

Ozeta improves gross income

Ozeta Inc., a clothing manufacturer located in Trenčín, made a gross profit of 4.6 million Sk during the first nine months of 1996, a healthy increase of its gross income of only 700,000 Sk in 1995. However, it is still far below the firmßs gross take of 60 million Sk in 1994. Last yearßs dividend will be paid gradually up to February, company management said. As much as 58 percent of Ozeta's production is subcontracted for Western producers. It exports 82 percent of its total output to Western markets.

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