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Shares of 53 Slovene Companies Sold at the First Auction

Ljubljana, 7 December - SLOVENIA/ECONOMY/STOCKS
At the Ljubljana Stock Exchange, the first public auction of the Development Fund of the Republic of Slovenia took place. Parcels of shares of 60 companies that transferred (in accordance with the law on ownership transformation) 20 percent of the companies' value to the Development Fund, were offered to five of the 23 authorized investment companies with six funds. Total value of parcels of shares at today's auction was SIT 3.4 billion (US$ 28.3 million).

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