Slovenia is moving forward with its privatisation process. Heineken took over 51.11% of Pivovarna Laško. By Vanda Močnik Kohek, GSS Slovenia
A consortium of sellers, comprising the government-owned Bank Asset Management Company (DUTB) and other creditors, sold a 51.11 % stake in the listed brewery company Pivovarne Laško to Heineken. The agreed price is EUR 25.56 per share, bringing the total value of the deal to EUR 114.3 million.
The deal is subject to approval by the Slovene Competition Protection Agency, and in due course, Heineken will be obliged by law to bid for the entire company.
Below we have listed the current status of the privatisation process in Slovenia*. Out of 15 companies that have been approved for privatisation by the Slovene Parliament in 2013, six are currently being worked on.
Company |
Industry |
Status |
Adria Airways |
Aircraft carrier |
In progress, contract of mandate |
Aero |
Chemical, graphic and paper manufactory |
Bankruptcy |
Elan |
Sport equipment manufactory |
In progress |
Fotona |
Laser producer |
Sold |
Helios |
Chemistry |
Sold |
Airport Ljubljana |
Airport |
Sold |
Adria Tehnika |
Flight service |
Not started |
Nova KBM |
Bank |
Binding offers received in second |
Telekom Slovenije |
Telecommunications |
One binding offer received on 13 |
Cinkarna Celje |
Chemistry |
In process or receiving binding offers. |
Gospodarsko rastavišče |
Exhibition and Convention Centre |
Not started |
Paloma |
Paper manufactory |
Not started |
Terme Olimia Bazeni |
Spa |
Not started |
Unior |
Hand tools producer |
Not started |
Žito |
Food production |
Binding offers received at the end of January 2015. Negotiations with potential buyers in progress. |
*Source: SDH