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BUSINESS BRIEFS

Transpetrol net profit Sk347 million

SLOVAKIA's oil pipeline system operator Transpetrol achieved a net profit of Sk347 million (€8.6 million) in 2003 on revenues from oil transportation reaching Sk1.6 billion (€39.8 million), which is a 5.9 percent increase year-on-year, the daily SME wrote.

Transpetrol's biggest customer is the Slovnaft refinery, for which it transported 5.5 million tonnes of oil.

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