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
A record 131 economies around the globe reformed business regulation in 2008/09, according to the IFC–World Bank Doing Business 2010 report.
more »
The World Bank’s Board of Directors today approved a US$5 million grant to improve the quality of electricity services in Haiti and strengthen the financial and operational performance of Electricité d’Haïti, the public electricity utility.
more »
Firuza Ziyoeva, a 42-year old mother of five, lacks any sustainable income for her family – her husband is unable to work due to disabilities and their children are all young.
more »
The Managing Director of the International Monetary Fund (IMF), Mr. Dominique Strauss-Kahn, made the following statement today regarding Singapore’s commitment to increase fourfold its contribution to the Fund’s New Arrangements to Borrow (NAB) by US$1.5 billion, to a total of US$2 billion.
more »
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in I half-year 2009 made LTL 19 billion, while imports – LTL 21.2 billion.
more »
Since 7 September 2009 AB Bank SNORAS for residents and economy subjects begins to distribute a new savings product - certificates of deposits.
more »
“We are 53 diverse countries differently affected by the crisis, 1 billion people that cannot be ignored”. That was the stark message to Members of Parliament's Development Committee from Donald Kaberuka, the head of Africa's Development Bank at a hearing on 3 September in Brussels.
more »
The European Investment Bank has granted a EUR 450 million loan to AENA (Aeropuertos Españoles y Navegación Aérea) for upgrading and expanding Spain’s air traffic control facilities in order to optimise their overall efficiency and ensure that they comply with international regulations.
more »
Statistics Lithuania informs that in August 2009, against July, prices for total industrial production sold increased by 0.9 per cent.
more »
Despite signs the near two-year U.S. recession may be over - Americans are still finding it hard to get a job.
more »