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
The President of the Spanish Government, José Luis Rodríguez Zapatero, will meet this Monday with the German Chancellor, Angela Merkel, to analyse the future EU economic and employment strategy EU2020 before the Twenty-seven approve its basic lines at the Spring European Council.
more »
The planned overhaul of the EU common fisheries policy should take better account of the huge differences across European fleets and fisheries, give greater responsibility to fishing regions, address the problem of fleet overcapacity and improve the traditional quota system, according to a non-binding report adopted by Parliament on Thursday.
more »
The EMU framework and economic governance within the eurozone need to be revamped.
more »
Young people should be a priority in EU action next year, it emerged on Tuesday, as the Budgets Committee started work on the EU's 2011 budget.
more »
European Investment Bank (EIB) support for EU regional policy is crucial for tackling the economic crisis, EIB President Philippe Maystadt told the Regional Development Committee on Monday.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania could get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Tuesday.
more »
Today, 22 February, the EU Council of Agriculture and Fishing in Brussels, under the chairmanship of the Spanish Minister, Elena Espinosa, will analyse the impact of the economic crisis on the Greek agricultural sector, which has experienced a drop in prices and income, with small farms that pose an obstacle for the producer for negotiating with large distribution chains.
more »
Municipal policies to tackle the crisis and their application at EU level will be discussed during the three days of the summit entitled, “Networked Local Governments for a New Europe”, which will bring together representatives from 260 cities in Barcelona.
more »
The EBRD is promoting energy efficiency and renewable energy projects in Moldova, helping the economy to reduce its energy intensity with a new €20 million credit line for on-lending to local private companies.
more »
The EBRD is lending $1.2 million to Salkyn, one of the largest ice cream producers in Turkmenistan, to help the company expand its distribution network and build up its brand.
more »