Business News

  • French multinational enters Slovenian elderly care market

    Radenci, 16 July (STA) - Orpea, a French multinational that specialises in assisted living services, has entered the Slovenian market via its Austrian subsidiary Senecura by purchasing a retirement home in Radenci, eastern Slovenia, called Dosor.

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  • Bad bank reports record yield in 2018

    Ljubljana, 15 July (STA) - The Bank Asset Management Company (BAMC), managing more than EUR 800 millions in assets, generated EUR 57.7 million in profit after tax last year and EUR 228 million in turnover, according to an audited annual business report released on Monday. The bad bank's capital gains yield reached a record 28.8%, far over the required 8%.

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  • EUR 200m broadband internet investment launched in Slovenia

    Ljubljana, 15 July (STA) - In the next three years, some EUR 200 million will be invested in the building of broadband optical networks in rural parts of Slovenia as part of the RUNE project, co-funded by the EU and the European Investment Bank (EIB).

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  • Finances of Slovenian households improving

    Ljubljana, 13 July (STA) - The financial position of Slovenian households continues to improve, with assets growth far outstripping debt. In the first quarter, the surplus of assets over debt widened by EUR 3.2 billion year-on-year to EUR 33.5 billion, show central bank figures.

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  • Govt deliberating on subsidies for several investments

    Ljubljana, 13 July (STA) - The government is currently examining several requests for subsidies by domestic and foreign investors worth about EUR 30 million. "This shows that the investment cycle is ongoing," Economy Ministry State Secretary Aleš Cantarutti told the STA.

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  • Austrian Supernova acquires Qlandia shopping centres in Slovenia

    Ljubljana, 11 July (STA) - Austrian shopping centre operator Supernova has acquired all the Qlandia shopping centres in Slovenia, the news portal Siol reported on Thursday. No figures were disclosed, but Siol says that the 19 shopping centres, of varying sizes, were valued at EUR 267 million by Qlandia operator Centrice in 2017.

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  • Battery maker TAB gives up search for strategic partner

    Mežica, 11 July (STA) - Battery maker TAB has terminated the search for a strategic partner. The Mežica-based company "decided to continue its current independent path of development," NLB bank, advisor to the consortium of sellers, said on Thursday.

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  • GZS: Despite lower profit, energy sector did well in 2018

    Ljubljana, 11 July (STA) - The Slovenian energy sector posted encouraging business results in 2018, with sales rising by 4.2% to a record EUR 13.9 billion and added value by 1.4% to EUR 1.2 billion, shows a report by the Chamber of Commerce and Industry (GZS).

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  • Luka Koper net revenue up 6% in H1

    Koper, 10 July (STA) - The port operator Luka Koper recorded EUR 118 million in net sales revenue in the first half of the year, a 6% rise year-on-year. Transshipment of goods was down by 1% to 11.9 million tonnes.

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  • Magna inaugurates Slovenian paint shop

    Hoče, 10 July (STA) - Magna International, a Canadian-based automotive multinational, inaugurated on Wednesday its paint shop in the north-eastern town of Hoče, its first investment in Slovenia.

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