In today's 54th session, the Supervisory Board of Intereuropa d.d. got acquainted with the planning document of the Intereuropa Group for the year 2010, in which the Group plans to achieve a net sales turnover of EUR 200.00 million. Despite persisting adverse economic situation, the planned turnover stands for a 4.2%-growth in terms of the 2009 estimate for the Group. Slovenia and Croatia remain our most relevant markets, while the share of Russia in total sales has been growing significantly. With the envisioned launch of the new storage capacities, the highest growth of operations is expected in the business areas of Logistical Solutions and Land Transport. The highest growth in net sales revenues is projected for Russia, Albania and Germany, while the highest growth in absolute amount is to be achieved in Russia, Montenegro and Germany.

For the Intereuropa Group, the year 2010 will bring great changes that have begun in the second half-year 2009 already. The demand for logistics services is envisioned to be on the level of the last quarter 2009, while no rapid improvement of economic conditions can be expected. In our efforts to improve the performance, the Intereuropa Group has focused on the completion of the reorganization and rationalisation processes in the Area of Forwarding and Logistics, the corporate supporting functions in the Parent Company, on debt-reducing activities, improvement and maintenance of the liquidity in the Group, and optimization of operations, as well as active cost management in the segments of materials, services and overheads. The Group will focus on the markets with a high market share, development of own partner network and utilization of synergies of its corporate network in Slovenia and countries or former Yugoslavia, and on the other hand it also envisions to dispose of non-operating assets and long-term financial investments in non-strategic markets and products. The investment activity will not be limited to those investments that will be assessed as indispensable for the smooth operation of the Company. In addition to these directions, the new operating information system ISPRO will be introduced next year, which will bring additional benefits and changes in work organization in this area. The effects of these directions will be visible in the profit or loss statement, which is planned at EUR 5.6 million, as well as the target EBITDA achievement at EUR 22.6 million.

In addition, the Supervisory Board has also dealt with the report by the Supervisory Board Member who is in charge of an in-depth analysis of the documentation and situation on the completion of investment in the LC Moscow, and adopted certain measures supporting the project completion and launch thereof.

The Supervisory Board also adopted the Resolution approving the “Contract on the rights and obligations of, and the remuneration for the Member responsible for control” for the new members Mr Maksimilijan Babič and Ljubo Kobale.