The company said that it expects to begin paying dividends soon, once debts have been fully repaid. Shareholders have approved using CKr577,000 from the 2001 profits to cover past losses.
CZECH REPUBLIC: Krusovice back in the black
Czech brewer, Kralovsky pivovar Krusovice, registered a CKr600,000 profit for 2001, the first time it has recorded a profit for six years. The company said the sustained losses were due principally to the accelerated depreciation of CKr2.2 billion in investment.