Slovenian brands

An association of small shareholders has filed a class action lawsuit against Telekom Slovenije, Slovenia’s leading telecommunications provider, over what it argues are unwarranted unilateral price hikes over the past five years. It is planning similar suits against other providers.

Ljubljana – The Heineken-owned Slovenian brewery Pivovarna Laško Union has reported a 13.7% increase in revenue to EUR 165.6 million for 2021. Net profit rose by 13.8% over 2020 to EUR 18.9 million as beverage sales were up by 15% to a record 2.7 million hectolitres. The country’s biggest beer maker recorded 8.9% growth on the domestic market while growing by 24.1% abroad.

Ljubljana – The supervisory board of Telekom Slovenije has reached agreement with Cvetko Sršen and Barbara Galičič Drakslar to end their terms as chairman and member of the management board, respectively, by the time new board members are appointed or by the end of October at the latest. It also dismissed for cause board member Tomaž Jontes.

Gažić noted that the considerable interest from investors despite worrying trends on the capital markets made the event satisfying.