Economy of Slovenia

The SBI TOP benchmark index on the Ljubljana Stock Exchange lost nearly 16% in 2022, after having risen by almost 40% the year before, show figures released by the stock exchange operator Ljubljanska Borza.

All the big-cap stocks were down with drug maker Krka losing nearly a fifth of its value in a year, NLB bank down by 18%, and energy group Petrol losing 21%.

Ljubljana – The newspaper Delo warns in Saturday’s commentary against misinterpretation of macroeconomic indicators before election, noting that rather than boasting with figures politicians should offer solutions for the future.

Ljubljana – The Economy Ministry announced that it will provide a total of EUR 640.7 million in development incentives this year, intended to raise productivity through the green and digital transition and to ensure a balanced development of Slovenia’s regions.

Ljubljana – Finance Minister Andrej Šircelj highlighted a substantial increase in investments, in particular in healthcare, as he presented the budget documents for the coming two years after the government session on Wednesday.

Bled – The VZMD Slovenian association of small shareholders and Better Finance will organise an investment conference on Monday to discuss ways of encouraging small shareholders to invest more in the capital market. Around 100 representatives of decision-makers, regulators and shareholders are expected to attend.

Ljubljana – Slovenia exported goods in the value of EUR 3.5 billion in July, or 17.3% more than in the same month last year, while imports, also totalling EUR 3.5 billion, were up by 26%. The imports-to-exports coverage was 98.9%, as a EUR 40 million trade deficit was recorded in July, the Statistics Office reported on Thursday.

Ljubljana, 9 August – Slovenia exported EUR 3.3 billion in goods in June, which is 21% more year-on-year, while imports were up by 30.6% to EUR 3.4 billion, the Statistics Office reported on Monday.

In June, a deficit in trade was recorded for a third month in a row, standing at EUR 100 million, with exports covering imports at a rate of 97.5%.

London – The European Bank for Reconstruction and Development (EBRD) has upgraded by 1.5 percentage points its GDP growth forecast for Slovenia in 2021 to 5%. The institution expects that Slovenia’s economy will expand by a further 4% next year.

Ljubljana – Fortenova, a group based in Croatia’s Zagreb, published on Wednesday a takeover bid for the remaining 724,764 shares of Slovenian retail group Mercator it does not already own. It is offering to pay EUR 36 per share in cash.

The bid is open for 29 days, that is until 23 June, unless it is extended, the group said in the Slovenian newspaper Delo on Wednesday.

Dubai – Economy Minister Zdravko Počivalšek met Emirati Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber in Abud Dhabi on Monday as he started an official visit to the United Arab Emirates. The pair agreed that bilateral cooperation could improve and expressed support for such efforts, the Economy Ministry said.