As a result of the crisis, TAB’s production has dropped sharply and the future of the company’s operations is uncertain, state news agency STA reported, quoting the company.
In July 2019, local media reported that TAB had decided to stop looking for a strategic partner and to continue its operations as an independent entity.
The Mezica-based company comprises aftermarket automotive battery manufacturing facilities in Slovenia and North Macedonia, an automotive aftermarket battery distribution network throughout Europe, as well as a global industrial battery business and an energy storage business, SeeNews says.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
