Publication: The Slovenia Times

First reported 16 hours ago - Updated 16 hours ago - 1 reports

Mercator to Protect Interests in Agreement with Agrokor

The managements of retailer Mercator and its Croatian buyer Agrokor will sign a cooperation agreement expectedly on Tuesday that will make part of the contract on the sale of a 53% stake in the Slovenian retailer and that would ensure Mercator's headquarters ... [Published The Slovenia Times - 16 hours ago]
First reported 17 hours ago - Updated 17 hours ago - 1 reports

Majority of SD MPs to Support Privatisation Bill

Most of the ten MPs from the ranks of the coalition Social Democrats (SD) will support the government's list of 15 companies slated for privatisation, deputy group leader Matjaž Han said on Monday, two days after party leader Igor Lukšič said the SocDems' ... [Published The Slovenia Times - 17 hours ago]
First reported 19 hours ago - Updated 19 hours ago - 1 reports

Insurer Vzajemna Doubles Profit in 2012

Mutual health insurer Vzajemna more than doubled its profit in 2012 compared to the year before to EUR 5.8m, with the bulk of it coming from supplementary health insurance (EUR 4.4m). The company's shareholders decided on Monday to earmark EUR 1.7m in ... [Published The Slovenia Times - 19 hours ago]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

June Plenary Dedicated to Changes to Judicial Services Act

The monthly regular session of parliament will begin on Monday and run through Thursday. Highlights include a Q&A session with PM Alenka Bratušek on Monday and the first reading of changes to the judicial service act on Tuesday.During Monday's Q&A, Bratušek ... [Published The Slovenia Times - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

PM: No Pension Cuts Planned for 2013

The government does not plan any new saving cuts on the account of pensions in 2013, Prime Minister Alenka Bratušek told deputies in Monday's questions time. However, the PM does not exclude pension cuts in 2014.Photo: BoBoIn trying to secure sustainability ... [Published The Slovenia Times - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

BSH Nazarje Europe's Biggest Small Home Appliance Plan

The Slovenian subsidiary of Bosch and Siemens Home Appliance Group, BSH Hišni aparati, has developed into the biggest plant for the manufacture of small household appliances in Europe. The Nazarje plant puts out seven million various appliances a year, ... [Published The Slovenia Times - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

SIJ Group Affected by Crisis on European Markets

Revenues of the Russian-owned steel industry group SIJ shrank 13% year-on-year in the first quarter of 2013 due to a bad situation on the European markets. Employing just over 3,000 workers, the group generated revenues of EUR 179m and a profit of EUR ... [Published The Slovenia Times - Jun 17 2013]
First reported Jun 17 2013 - Updated Jun 17 2013 - 1 reports

Slovenian-Born Nominated to Be NATO Air Commander

Slovenian-born Lieutenant-General Frank Gorenc has been nominated to become the next commander of US Air Forces in Europe and US Air Forces Africa, which at the same time serves as commander of NATO's Air Command.Born in Ljubljana in 1957, Gorenc moved ... [Published The Slovenia Times - Jun 17 2013]
First reported Jun 15 2013 - Updated Jun 15 2013 - 1 reports

Mercator Sale Almost Certain as Laško Agrees to Sell to Agrokor

The supervisory board of beverage group Pivovarna Laško okayed Friday the sale of its stake in retailer Mercator to Croatia's Agrokor, providing a key push towards the completion of the acquisition after the sale has reportedly already been confirmed ... [Published The Slovenia Times - Jun 15 2013]
Entities: Agrokor, Consortium, Stamp
First reported Jun 15 2013 - Updated Jun 15 2013 - 1 reports

Koper Port to Expand Container Terminal

The supervisory board of Luka Koper, the operator of the Port of Koper, endorsed Friday a plan to extend pier one in order to raise the capacity of the container terminal by a quarter to some 950,000 units annually.Some 570,000 contained units were transshipped ... [Published The Slovenia Times - Jun 15 2013]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

Svea Gets State Loan Guarantee

The government approved on Thursday a EUR 1.4m short-term loan plus a EUR 3.6m guarantee for a liquidity loan for kitchen maker Svea, which will be conditional on a EUR 6m debt-to-equity conversion by banks and additional commitments by the company and ... [Published The Slovenia Times - Jun 14 2013]
Entities: Real Estate, Lien, Workers
First reported Jun 12 2013 - Updated Jun 13 2013 - 2 reports

Italy Very Interested in Slovenian Privatisation

Italian Prime Minister Enrico Letta said after meeting his Slovenian counterpart Alenka Bratušek in Rome on Wednesday that Italy was very interested in the privatisation process in Slovenia. He said he would strive to get Italy involved in the process, ... [Published The Slovenia Times - Jun 13 2013]

Quotes

"The creation of these new values will contribute to Mercator's easier deleveraging" the chairman said, adding that this was an element in the ongoing talks with the creditor banks on debt restructuring
"DeSUS is a very pragmatic party capable of focusing on only one thing: pensions. As regards strategic issues, they do not join the debate because seemingly they do not understand most of them" Lukšič said
"Our only option is to be highly skilled and have the latest equipment in order to be able to produce high value added products in areas where large steel companies lack interest or flexibility" Šimonka said
Furlan believes that the EUR 37m loss would be difficult to overcome this year. "Our primary market is still in the grip of the economic crisis, which is reflected in the lower turnout of Italian guests."

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Mercator to Protect Interests in Agreement with... [Published The Slovenia Times - 16 hours ago]
Majority of SD MPs to Support Privatisation Bill [Published The Slovenia Times - 17 hours ago]
Insurer Vzajemna Doubles Profit in 2012 [Published The Slovenia Times - 19 hours ago]
June Plenary Dedicated to Changes to Judicial S... [Published The Slovenia Times - Jun 17 2013]
PM: No Pension Cuts Planned for 2013 [Published The Slovenia Times - Jun 17 2013]
BSH Nazarje Europe's Biggest Small Home Applian... [Published The Slovenia Times - Jun 17 2013]
SIJ Group Affected by Crisis on European Markets [Published The Slovenia Times - Jun 17 2013]
Slovenian-Born Nominated to Be NATO Air Commander [Published The Slovenia Times - Jun 17 2013]
Mercator Sale Almost Certain as Laško Agrees to... [Published The Slovenia Times - Jun 15 2013]
Koper Port to Expand Container Terminal [Published The Slovenia Times - Jun 15 2013]
Svea Gets State Loan Guarantee [Published The Slovenia Times - Jun 14 2013]
NLB Reportedly Sells its Stake in Mercator [Published The Slovenia Times - Jun 14 2013]
"Disaster" in Hit Casinos: EUR 37m Loss in 2012 [Published The Slovenia Times - Jun 14 2013]
Slovenia Supports Kazakhstan in UN Security Cou... [Published The Slovenia Times - Jun 14 2013]
President Pahor Very Active on Summit in Bratis... [Published The Slovenia Times - Jun 13 2013]
Slovenia Backs EU Plans to Improve European Air... [Published The Slovenia Times - Jun 13 2013]
PM Bratušek in Audience With Pope Francis [Published The Slovenia Times - Jun 13 2013]
Slovenia 13th Among 162 countries on the Global... [Published The Slovenia Times - Jun 13 2013]
Slovenian Journalists Condemn ERT Closure [Published The Slovenia Times - Jun 13 2013]
Italy Very Interested in Slovenian Privatisation [Published The Slovenia Times - Jun 13 2013]
Half of Slovenians Shop On-line [Published The Slovenia Times - Jun 12 2013]
More Cooperation With Kazakhstan [Published The Slovenia Times - Jun 12 2013]
President Pahor in Bratislava for Central Europ... [Published The Slovenia Times - Jun 12 2013]
PM Bratušek in Italy and Vatican [Published The Slovenia Times - Jun 12 2013]
Another EUR 500M Recapitalisation of NLB Confirmed [Published The Slovenia Times - Jun 11 2013]
Council of Europe Celebrates 20 Years of Sloven... [Published The Slovenia Times - Jun 11 2013]
Adria Airways Cancels Flight ahead of French Ai... [Published The Slovenia Times - Jun 11 2013]
NKBM with New EUR 400M Recapitalisation [Published The Slovenia Times - Jun 11 2013]
KD Group Aims at Leading Insurance Position in ... [Published The Slovenia Times - Jun 11 2013]
Visit Koper and its enchanting surroundings [Published The Slovenia Times - Jun 10 2013]
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