Ljubljana, 17 April (STA) - The management of the telecoms incumbent Telekom Slovenije has proposed that the 2023 net profit be allocated for reserves instead of being paid out to the shareholders as dividends, as the company would otherwise have to return EUR 3.57 million in state aid used to mitigate the effect of high electricity prices.
MoreWashington, 16 April (STA) - The International Monetary Fund's (IMF) latest forecast for Slovenia projects 2% GDP growth for this year, a 0.2 percentage point downward correction compared to the autumn forecast. The IMF expects growth to pick up to 2.5% in 2025. Average inflation for this year is now projected at 2.7%, down from 4.2% in the autumn, and at 2% for 2025.
MoreLjubljana, 16 April (STA) - A number of challenges, including the impact of the green transition on competitiveness, were highlighted at the Day of Slovenian-German Business meeting, organised by the German-Slovenian Chamber of Commerce and Industry at the IEDC - Bled School of Management on Tuesday.
MoreLjubljana, 16 April (STA) - The number of persons in employment in Slovenia reached the highest level on record in February, rising by 0.3% in monthly comparison and by 1.4% year-on-year to 941,644, the Statistics Office said on Tuesday. The biggest rise in monthly comparison was recorded in construction, where mostly foreign citizens were employed.
MoreBrussels, 15 April (STA) - Environment, Climate and Energy Minister Bojan Kumer was among 23 EU ministers responsible for energy and representatives of around 100 companies from the European solar energy sector to sign the EU Solar Energy Charter at an informal meeting in Brussels on Monday. The signatories committed to supporting the production of solar energy capacities.
MoreLjubljana, 15 April (STA) - The shareholders of Salus, the Ljubljana-based pharmaceutical and medical equipment wholesaler, decided to allocate EUR 7.38 million or EUR 70 gross per share for dividends, which is the same as last year. This includes the EUR 35 gross per share that was paid out in January and another EUR 35 to be paid out on 26 April.
MoreLjubljana, 12 April (STA) - The Emil Frey Group opened in Ljubljana on Friday a new competence centre for maintenance and repair of lithium-ion batteries for cars and commercial vehicles of various brands. It also renovated the repair shop for commercial Mercedes-Benz vehicles. Both investments cost around EUR 500,000.
MoreColorado Springs, 12 April (STA) - Slovenian companies that have contributed to the country developing a notable space technologies sector in recent years have presented themselves in Colorado Springs and are now off to Denver as part of a road-show organised by the Slovenian Space Office, the public agency SPIRIT, the Defence Ministry and the Slovenian Embassy in Washington.
MoreLjubljana, 11 April (STA) - New rules on solar panels that envisage obligatory installation of panels in certain cases will enter into force on Saturday. The Chamber of Commerce and Industry (GZS) warns that many questions remain open, including regarding the pressure on the distribution network and exceptions to the new rules.
MoreLjubljana, 11 April (STA) - Slovenia had an active population of around 989,000 in 2023, which is 0.3% more than in 2022 and the highest figure in the last decade. However, the share of active population dropped by 0.2 points to 56.4%, Statistics Office data shows. The number of employed persons stayed level, that of self-employed grew by 3.4%, and 9% fewer were jobless.
MoreBern, 10 April (STA) - Economy, Tourism and Sport Minister Matjaž Han is concluding a two-day official visit to Switzerland on Wednesday. He and his Swiss counterpart Guy Parmelin focused on boosting economic cooperation, with Han welcoming Switzerland's view of Slovenia as an attractive investment destination for high-tech.
MoreLjubljana, 10 April (STA) - Property prices in Slovenia continued to grow last year, while the number of deals decreased for the second year running. The Surveying and Mapping Authority (GURS) believes the persistent high price growth could slow down this year and prices could even go down in some parts of the country, but a fast drop in prices cannot be expected.
MoreLjubljana, 10 April (STA) - Industrial output in Slovenia grew by 3.3% in February over January, mainly on the back of mining and quarrying, which increased by 8.1%, the Statistics Office said on Wednesday. Electricity, gas and steam supply grew by 6.8% and processing was up by 2.5%. Year-on-year, industrial output grew by 2.7%.
MoreLjubljana, 10 April (STA) - The government has adopted a decree on the framework for the drafting of the general government sector budgets for the next three-year period, in which the general government deficit is planned to remain below the reference value of 3% of GDP, and be reduced to 1.9% of GDP by 2027.
MoreLjubljana, 09 April (STA) - The return on capital investments managed by Slovenia Sovereign Holding (SSH) rose considerably last year, reaching 10.2%, a record high since the state asset custodian was established in 2014, preliminary data show. The state and SSH also received EUR 175.5 million in dividends, SSH said after Monday's supervisory board session.
MoreBudapest, 09 April (STA) - Slovenia, Hungary and Serbia have signed a partnership agreement to strengthen cooperation in energy. The BlueSky project is expected to establish a new foundation for regional electricity trading, ensuring better market integration, increasing energy security and stimulating economic progress, the Environment, Climate and Energy Ministry said.
MoreLjubljana, 09 April (STA) - Representatives of Gen Energija, the state company owning the Slovenian half of the country's sole nuclear power plant (NEK), updated the press on Monday on the preparations for a potential new nuclear plant in Krško. They suggested that zoning for the plant, whose potential launch is expected around 2040, could already start this year.
MoreLjubljana, 05 April (STA) - Slovenian State Holding (SSH), the custodian of state assets, has filed a petition for receivership of the telecommunications operator T-2 in order to enforce what it claims is tens of millions in euros of debt.
Moreminister's response in lede, para 8, 13-16
MoreLjubljana, 05 April (STA) - A sale of postal company Pošta Slovenije and insurer Zavarovalnica Triglav is no longer off limits in line with a draft of a new state investment management strategy drawn up by the Finance Ministry and obtained by the STA. More protection is meanwhile envisaged for Telekom Slovenije, designated in 2013 as a portfolio investment but never sold.
MoreMaribor/Ljubljana, 05 April (STA) - John Denhof, the chairman of the NKBM bank, has announced that he will step down at the end of the year, when his current term expires. In the meantime, he will manage the ongoing merger of the bank with SKB Banka, while the Hungarian owner, OTP Group, will be looking for a new chairman of the merged bank.
MoreLjubljana, 04 April (STA) - Registered unemployment in Slovenia fell to 46,877 at the end of March, which is a 5.7% drop compared to late February and a 6.9% decrease year-on-year, the Employment Service said on Thursday.
MoreLjubljana, 04 April (STA) - British oil giant Shell is determined to stay in Slovenia for the long term after it took over 39 MOL and OMV service stations last year, increasing its market share to around 12%. The group is now looking to acquire more sites, especially in central Slovenia and Gorenjska region, northwest.
MoreLjubljana, 04 April (STA) - Slovenia's budget deficit totalled EUR 379 million in January-March, an 18% increase on the year before. Excluding the direct impact of emergency spending, it totalled EUR 278 million, show data released by the Fiscal Council on Thursday.
MoreNovo Mesto, 04 April (STA) - The management and supervisory boards of drug maker Krka propose that shareholders get dividends of EUR 7.5 gross per share, a 13.6% increase on last year. The shareholder vote is scheduled for 11 July.
MoreParis/Novo Mesto, 03 April (STA) - French car manufacturer Renault plans to start producing a more affordable version of its electric Twingo model at its assembly plant Revoz in Novo Mesto in 2026, Reuters reported on Tuesday quoting several well informed sources.
MoreLjubljana, 02 April (STA) - The Slovenian subsidiary of the Italian Intesa Sanpaolo bank ended 2023 with a record net profit of EUR 71.5 million, up by 338% from the year before. The bank increased its lending volume, the number of new clients and profitability, Intesa Sanpaolo said.
MoreKranj, 02 April (STA) - A settlement and preparatory hearing was held on Tuesday in the EUR 78 million damage claim brought by the receiver of bankrupt airline Adria Airways against the German managers of the former Slovenian flag carrier. The Kranj District Court has scheduled the first hearing for 12 July.
MoreSlovenska Bistrica, 02 April (STA) - The Impol group, Slovenia's largest producer of finished and intermediate aluminium products, posted EUR 880 million in revenue in 2023, which is a 20% drop year-on-year and slightly below plans. Impol has reduced production due to a persistent decline in demand.
MoreLjubljana, 30 March (STA) - National motorway company DARS generated sales revenues of EUR 525.3 million last year, an increase of 6% compared to 2022. The largest share of revenues was accounted for by tolls, which brought in EUR 509.2. Net profit rose by 4% to EUR 140.5 million, according to unaudited results released on Saturday.
MoreLjubljana, 29 March (STA) - The shareholders of Slovenia's largest gas supplier Geoplin dismissed on Friday chief executive Matija Bitenc. Simon Urbancl remains director after taking this post on October 2023. This will guarantee the continuity of leadership, Geoplin said in a press release.
MoreLjubljana, 29 March (STA) - The gross disposable income of Slovenian households was 9% higher in the fourth quarter of 2023 year-on-year, while consumption grew by 6.2%, as favourable labour market conditions continued. The gross household savings rate reached 15.1% last year, shows a preliminary estimate by the Statistics Office.
MoreLjubljana, 29 March (STA) - Slovenia's survey unemployment rate stood at 3.1% in February, down by 0.1 percentage points from the month before and by 0.5 percentage points year-on-year, Statistics Office data shows. This is the lowest rate so far on record.
MoreBrnik, 28 March (STA) - A total of 22 airlines will be providing scheduled flights to and from Ljubljana airport in the summer season, which starts on Sunday, the largest number so far. They will operate 25 routes around Europe and beyond, including to new destinations Riga, Copenhagen and Madrid.
MoreOpatija, 27 March (STA) - Construction was in focus of a Slovenian-Croatian business forum, hosted by the newspapers Delo and Jutarnji List in Opatija on Wednesday. Infrastructure ministers Alenka Bratušek and Oleg Butković underlined the importance of the construction sector for their countries' development.
MoreLjubljana, 26 March (STA) - The chairman of the Ljubljana Stock Exchange operator Aleš Ipavec called on the state on Tuesday to help develop Ljubljana from a frontier market to an emerging market by listing a major state-owned firm, or divesting from existing listed firms.
MoreLuxembourg, 26 March (STA) - In 2023, gross domestic product (GDP) per capita expressed in purchasing power standards stood at 91% of the EU average in Slovenia, a percentage point up on the year before, show preliminary data released by Eurostat on Tuesday.
MoreLjubljana, 25 March (STA) - Slovenian businesses will have access to EUR 512 million in loans and financial instruments this year via the SID export and development bank, and the Slovenian Enterprise Fund. "The goal is to support company growth, development and operations," Economy Minister Matjaž Han said on Monday.
MoreKranjska Gora, 22 March (STA) - Spirit Slovenija, the national agency for the promotion of investments and exports, has organised a number of events on the sidelines of the FIS World Cup Ski Jumping competitions in Planica this week, among them a Slovenia-Kosovo business forum and a discussion about reconstruction in Ukraine on Friday.
MoreLjubljana, 22 March (STA) - The average Slovenian wage totalled EUR 2,318 gross or EUR 1,477 net in January, down slightly from the month before but up from January 2023, data from the Statistics Office shows.
MoreLjubljana, 22 March (STA) - The prices of residential real estate last year were 6.8% higher than in 2022, which is the smallest increase in the last three years, the Statistics Office announced on Friday. The number of transactions was down by around a quarter.
MoreLjubljana, 21 March (STA) - The Slovenian Railways are strengthening connections with Austria in cooperation with the Austrian national railways operator ÖBB. Six new pairs of direct trains linking Ljubljana to Graz and Villach have been introduced. In the medium-term, the cooperation will be enhanced further.
MoreLjubljana, 21 March (STA) - The consumer confidence indicator did not change in March compared to February but rose by three percentage points compared to March 2023, shows data by the Statistics Office. It was still six points below the long-term average.
MoreLjubljana, 20 March (STA) - Pivovarna Laško Union, the largest brewery in Slovenia, will get a new CEO on 1 May, as Marta Bulhak will succeed Zooullis Mina, who has been at the helm of the company since March 2018 and is now retiring.
Morereaction in para 6-9
MoreLjubljana, 19 March (STA) - A group of Turkish workers building the 27-kilometre Koper-Divača rail track in the south-west of Slovenia have gone on strike despite a strike deal reached in mid-February. The Slovenian trade union that helped broker the agreement says that the strike, which it is not involved in, is illegal.
MoreZagreb, 19 March (STA) - HEP, Croatia's national energy group, which co-owns the Nuclear Power Plant (NEK) in Krško, Slovenia, is considering taking part in the construction of a second nuclear reactor in Krško - Krško 2. Slovenia has not yet made the final decision on the project, and a referendum is planned.
MoreBrnik/Frankfurt, 19 March (STA) - Fraport Slovenija, the German-owned operator of Ljubljana Airport, saw revenue rise by 28% to EUR 43.4 million in 2023, while earnings before interest, taxes, depreciation, and amortization (EBITDA) was up 68% to EUR 12.8 million, show the Fraport Group results released on Tuesday.
MorePlease note that the planned international logistics centre in Beltinci is valued at EUR 500 million and not EUR 50 million as suggested in the headline.Beltinci, 18 March (STA) - The port operator Luka Koper plans to build an international logistics centre in Beltinci in the northeast of the country. The investment, which was unanimously endorsed last week by the mayors from the region, is expected to cost more than EUR 500 million, and provide jobs to around 300 people.
MoreBeltinci, 18 March (STA) - The port operator Luka Koper plans to build an international logistics centre in Beltinci in the northeast of the country. The investment, which was unanimously endorsed last week by the mayors from the region, is expected to cost more than EUR 500 million, and provide jobs to around 300 people.
MoreMaribor/Ljubljana, 18 March (STA) - The Hungarian banking group OTP decided at the shareholder meetings of its two Slovenian banks, NKBM and SKB Banka, on Monday to pay out a total of EUR 147.2 million in dividend. The shareholders also formally endorsed the merger of the smaller SKB Banka with NKBM, which is to be finalised in autumn.
MoreLjubljana, 18 March (STA) - The number of people in active employment in Slovenia dropped by 0.2% in January over December, mostly due to end-of-year retirement, the Statistics Office said on Monday. Year-on-year, the number of those in employment increased by 1.3%.
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