Slovenia has halted the privatisation of the state-owned steelworks Slovenske Zelezarne because bids were lower than expected, the head of the country's privatisation commission says
Published:
9 September 2003 y., Tuesday
Slovenia has halted the privatisation of the state-owned steelworks Slovenske Zelezarne because bids were lower than expected, the head of the country's privatisation commission says.
The Slovenian government started privatising Slovenske Zelezarne in 2001 with the hope of selling a majority stake in the steelworks for more than tolars (38.4 million euros, 42.8 million dollars) by the end of 2003.
Foreign and domestic bidders earlier this year had presented binding bids to acquire 80% of Slovenske Zelezarne's core facilities: the Acroni and Metal Ravne plants and the industrial blades maker Nozi Ravne.
Italy's Valbruna was among the shortlisted bidders for Acroni, Slovenia's largest steelplant, while Austrian company Intecom had put in a bid for a majority stake in Metal.
Germany's IKS Klingelnberg and Euco Industriemesser, Dutch Asko and US Kinetic had made offers for Nozi Ravne.
Slovenia, a former Yugoslav republic of two million people, is set to join the European Union in May 2004.
The European Commission has urged the government to speed up the privatisation of the steelworks, the state telecommunications network and other state-owned enterprises.
Šaltinis:
bday.co.za
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Today, the Commission published a Communication which outlines the most serious tax problems that EU citizens face in cross-border situations and announces plans for solutions.
more »
The European Commission has opened a formal investigation under EU state aid rules to examine a number of support measures, including several capital injections and shareholder loans, that the Hungarian authorities granted to Malév-Hungarian Airlines in the context of its privatisation and subsequent renationalisation.
more »
Internet and lax customs enforcement drive growth of 600 billion US dollar counterfeit goods industry.
more »
350 million people rose out of poverty in the past decade, but 1.4 billion are still extremely poor, says the latest report into rural poverty.
more »
New plan sets out action to reach 75% employment target for the EU by 2020.
more »
Research Ministers of the EU Member States and Associated Countries, together with the European Commission, are announcing in Brussels today three new pan–European energy research infrastructures.
more »
Algirdas Šemeta, Commissioner for Taxation, Customs, Audit and Anti-fraud, is visiting Moscow today to discuss ways in which customs cooperation between the EU and Russia can be reinforced.
more »
Following on from Monday's debate with ECB President Jean-Claude Trichet, MEPs on Tuesday adopted a resolution, by a show of hands, gauging the ECB's performance in 2009 and suggesting actions to be taken in view of the economic situation.
more »
The European Parliament today approved €10.5 million in European Globalisation Adjustment Fund aid to over 3,000 people in the Netherlands who lost their printing and publishing sector jobs last year, due to the economic crisis.
more »
A diamond-studded gold coin engraved with a picture of the Taj Mahal and worth 100,000 euros is unveiled at the Paris mint.
more »