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Egyptian Group Pays EUR 37.6m for Iskraemeco

Ljubljana, 14 November - Two subsidiaries of the Egyptian El Sewedy Group have paid EUR 37.6m for a 97.6% stake of Iskraemeco, the Kranj-based maker of electric meters, just a day after signing the contract on the first ever Egyptian investment in Slovenia.

Ljubljana
Egyptian El Sewedy Group purchased electric meters maker Iskraemeco in a deal worth EUR 38m. Pictured left to right: Ahmed Farouk of the El Sewedy Group, SOD chairman Marko Pogacnik and KAD chairman Tomaz Toplak.
Photo: Domen Groegl/STA

Ljubljana
Egyptian El Sewedy Group purchased electric meters maker Iskraemeco in a deal worth EUR 38m. Pictured: Zaki El Sewedy of the El Sewedy Group.
Photo: Domen Groegl/STA

Ljubljana
Egyptian El Sewedy Group purchased electric meters maker Iskraemeco in a deal worth EUR 38m. Pictured: Emad El Sewedy of the El Sewedy Group.
Photo: Domen Groegl/STA

Ljubljana
Egyptian El Sewedy Group purchased electric meters maker Iskraemeco in a deal worth EUR 38m. Pictured: Ahmed El Sewedy of the El Sewedy Group.
Photo: Domen Groegl/STA

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