German investor promise of better future for Beti

Having struggled for years, Beti, a leading European manufacturer of dyed polyamide yarns, broke even last year and has managed to sell its debt to a strategic investor. According to unofficial information obtained by the newspaper Dnevnik, the investor is affiliated with German company Medi&Co.

Medi, a leading global manufacturer of medical equipment based on compression technology and a producer of sports and fashion products under the ITEM m6 and CEP brands, bought €3.9 million in claims against the Metlika-based company at the end of 2022 from Slovenia's bad bank, Dnevnik...