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INI-279/10

INTEREUROPA, d.d., Koper

The Intereuropa Group follows the vision of a top-ranked logistics provider

In accordance with the provisions of the Ljubljana Stock Exchange Rules (Ljubljanska borza d.d., Ljubljana) and the applicable legislation in force, the Company INTEREUROPA d.d., Koper is issuing this anonucement:

In today’s session, the Supervisory Board of Intereuropa d.d. has resolved on the election of Deputy President of Supervisory Board, due to expiry of term of office of the current Deputy President Nevija Pečar. Elected was Maksimilijan Babič whose function is in force until the expiry of term of office in Supervisory Board, i.e. by November 19th 2013.

The session was further dedicated to strategic issues: the Managing Board presented the ‘’Strategic business plan of Intereuropa Group for the term 2010 – 2014’’ to the Supervisory Board. In his introductory address, the Managing Board President Ernest Gortan highlighted the key challenges for the term 2010-2014 ranging from long-term financial stability and liquidity, adjusting the operations to the current market situation, and creating sound foundations for further growth to overcome the present tough situation. These baselines are underlying for the goals of the Intereuropa Group for the coming four-year term.

The corporate vision of the Intereuropa Group integrating a ‘’top-ranked provider of logistical solutions’’ comprises: Strengthening the position of the Group in the markets with established own business network, development and product-centred specialization in logistics, sales-based approach to the customer by entering into partner relationships, offering own integral logistics solutions, continual process optimization and utilizing synergy effects of a concerted and convergent action by the Intereuropa Group. In the forefront is effective staff development, building up a culture of success and personal development of employees and dedicated to retain the qualified and motivated staff members as key resource for further development of the Intereuropa Group.

Strategic goals of the Group for the term 2010 – 2014
• Retaining and strengthening the leading position in the market of comprehensive logistical services in Slovenia and countries of former Yugoslavia.
• Continual process optimization in all business segments within the consolidated companies and the Group.
• Assuring financial stability through disinvesting activities, reducing and rescheduling debt and effective management of working capital of the Group.
• Establishing strategic partnership in our affiliate Intereuropa East d.o.o., Moscow.
• Establishing a strategic partnership in Intereuropa d.d. to increase the capital in the affiliate and contribute to financial stability and development of the core business of the Intereuropa Group.

Product-centred organization and development, looking ahead to strategic markets
The Group focuses on three core business segments (Land Transport, Intercontinental Services and Logistics Solutions). Seeking the synergies and complementarity of logistics solutions are viewed as an imperative underlying for growth and development of all products and a (more comprehensive) customer service on an even wider scale.
The Group has been shifting to the areas with highest market shares – the former Yugoslavia. A flexible approach to the markets in which the foreseen growth levels or strategic goals are not achieved or satisfactory, leaves it open to move away, disposing of the organizational units. The new markets will be assessed according to their potential for growth and development. In Slovenia, the reorganization process continues towards a flat organizational structure, which will allow a new redefining of work processes and service to key customers. Efforts to increase the volume in remaining product range, improve the structure of our staff and optimize the processes will assure the readiness of Croatian subsidiary to enter the EU. The declining income from customs broking will be replaced by a higher turnover in groupage and consolidation services, as well as container transport through all the three national ports. In the Russian market, the development relies on the investment in the logistics terminal Chekhov (Moscow): full utilisation of logistics capacities depends on the status of a customs zone terminal. The Managing Board believes that a strategic partner would enhance the development and achievement of strategic goals in Intereuropa East d.o.o.

The business policy of the Intereuropa Group is based on the strategy of financial stability and concurrent building-up of the corporate network in Slovenia and on the markets with highest market shares. The implementation of strategy, leading to the achievement of strategic goals, will enable the Intereuropa Group to fulfil its corporate vision of a top-ranked provider of logistics solutions.

The Public Anouncement will be published at the SEO-net and on the web site of INTEREUROPA d.d., at www.intereuropa.eu for no less than 5 years.
The Managing Board
Date: 17.03.2010