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Governemt Proposes Videm's Main Bidder Negotiating Higher Price

The Government discussed at its regular Thursday's the purchase of the Videm Krško paper mill, which was bought at an auction on 13 March by Slovene subsidiary of the Czech holding ICEC. The Government decided to recommend to Videm's greatest creditor, the Agency for rehabilitation of Banks and Savings Banks, where the majority shareholder is the state, to exercise the necessary legal remedies and start a procedure to achieve better conditions and higher purchase prices for the Videm Krško paper mill, Governmental Spokesman Borut Šuklje told a news conference after the session.

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