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Major turnaround at SPP

SPP, the fully state-owned gas utility, posted an operating profit of €6.6m in 2020, compared to a €104m loss in 2019. In 2014-19, SPP posted whopping €508m losses. The new management explains the turnaround by “implementing conservative policies and cost cuts.” The company also managed to stop the outflow of clients and stabilized its market share at 58%.


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Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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