Gorenje Group, which was last year bought by the Chinese Hysen, generated EUR 111.4m in net losses in 2018. Sales revenues fell by 4% and last year amounted to EUR 1,186bn. The decline in revenue is partly due to the disposal of certain activities.Despite a decline in sales, operating costs, including material and labor costs, were higher than in 2017. In addition, the company had a further EUR 43m in other revenues, including impairments.
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