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  • Maribor-based power distributor gets EUR 31m loan from EIB

    Maribor, 26 May (STA) - The European Investment Bank (EIB) has granted a EUR 31 million loan to the electricity distributor Elektro Maribor aimed at financing maintenance and improvements in the reliability and in quality standards of electricity supply in north-eastern Slovenia.

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  • Diversification to make it easier for Kolektor to survive crisis

    Ljubljana, 26 May (STA) - The chief supervisor of Kolektor has assessed that the Idrija-based industrial conglomerate will get out of the coronavirus crisis easier than its competition in the car part segment as it has diversified to the energy and construction industries.

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  • Tourism virtually dead in April

    Ljubljana, 25 May (STA) - The Covid-19 lockdown meant Slovenia recorded no tourist arrivals in April, while the number of recorded overnight stays was 11,000. This is 99% less that in April 2019 and was mostly accounted for by ongoing student exchange programmes. The lockdown for tourist facilities was in place from mid-March to 18 May.

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  • Business sentiment improves in May after a drastic drop

    Ljubljana, 25 May (STA) - After plummeting in April, business sentiment in Slovenia improved somewhat in May, with the relevant index standing at -33.1 percentage points, or 6.5 points higher than in April, mostly due to an improvement in confidence in manufacturing, the Statistics Office reported on Monday.

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  • Slovenia's electricity consumption down 15% in April

    Ljubljana, 25 May (STA) - Electricity consumption in Slovenia declined by 15% year-on-year in April and by 19% compared to March, an indication of a sharp decline in economic activity, fresh Statistics Office data show.

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  • 5G test network to be set up in port of Koper

    Koper, 24 May (STA) - Telecoms incumbent Telekom Slovenije is to set up a test network featuring 5G technology at port operator Luka Koper to explore development options and test various logistics solutions. The project is co-financed from Horizon 2020, the EU's key 2014-2020 research and innovation multi-billion fund.

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  • Intereuropa revenue and profit down

    Ljubljana, 21 May (STA) - Logistics group Intereuropa generated EUR 38.4 million in sales revenue in the first quarter, a drop of 3% over the same period last year, according to unaudited results released on Thursday. The group's operations have been affected by the coronavirus pandemic since mid-March and a further decrease in revenue is expected.

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  • Consumer confidence improves somewhat in May, but still low

    Ljubljana, 21 May (STA) - Consumer confidence in Slovenia somewhat improved in May, with the relevant index going up by five percentage points compared to April. It was however still 25 percentage points below the long-term average, the Statistics Office reported on Thursday.

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  • Krka reports over 20% rise in Q1 profit, revenue

    Novo Mesto, 21 May (STA) - Slovenia's pharma group Krka Group saw its net sales revenue increase by 22% year-on-year to EUR 462.9 million in the first quarter as the coronavirus pandemic pushed up the demand for its products. Net profit rose by 21% to EUR 85.2 million.

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  • Revoz layoffs to affect mostly agency workers

    Novo Mesto, 20 May (STA) - After confirming that it will lay off about 400 workers, the Slovenian Renault subsidiary Revoz said on Wednesday that most of them will be agency workers and those nearing retirement. The cut may reach 450 posts if night shift workers transferred to the day shift find their salaries too low.

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