Istrabenz

The Bank Assets Management Company (BAMC), Slovenia’s bad bank, will be wounded up come the new year, less than a decade after playing a key role in a major bank bailout. Its remaining assets, estimated at half a billion euros, will be transferred to Slovenian Sovereign Holding (SSH), the state assets custodian.

Ljubljana – The Competition Protection Agency (AVK) has accepted a set of commitments that four liquefied petroleum gas (LPG) utilities have made to do away with their controversial practice pertaining to the return of gas cylinders by clients.

Ljubljana – Slovenian Sovereign Holding (SSH) has increased the state stake in the spa company Terme Olimia to 98.25% as part of the efforts to create a state hospitality holding.

SSH acquired a further 20.64% stake in Terme Olimia in a public takeover bid that run out on Monday, according to a notice published in the newspaper Delo.

Ljubljana – Slovenia Sovereign Holding (SSH) published a takeover bid for spa operator Terme Olimia on Friday, offering EUR 27.50 per share for a total of just over 158,000 shares. The offer stands until 10 May unless extended, according to the bid published in the newspaper Delo.

Ljubljana – The Austrian energy group OMV has decided to sell off its 120 petrol stations in Slovenia as part of an ongoing EUR 2 billion divestment programme, the group announced on Thursday. In Slovenia, the group operates filling stations under the brands OMV, Eurotruck, Avanti and Diskont.

Ljubljana – The Competition Protection Agency has given the go-ahead for Slovenian Sovereign Holding (SSH) to take over spa operator Terme Olimia in what is seen as a step in the creation of a state hospitality holding.