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Loan Guarantee Procedures Completed, TEŠ Boss Resigns

Šoštanj, 18 January - Simon Tot resigned as director of the Šoštanj coal-fired power plant (TEŠ) on Thursday after procedures related to the state loan guarantee for a new generator were completed. The supervisory board appointed Franc Rosec in his place to run the company until a new director is appointed, but only up to six months.

Ljubljana
Simon Tot resigns as director of the Šoštanj coal-fired plant TEŠ after all procedures related to the EUR 440m loan for new generator are completed.
Photo: Tamino Petelinšek/STA

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