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Slovenian firms active abroad

Ljubljana, 5 December - Several Slovenian firms stepped up their foreign ventures this year, an indication according to analysts that the post-crisis rebound is in full swing. Pipistrel, a maker of ultralight aircraft that made headlines in 2016 with a EUR 350m deal with China, announced in April a partnership with US ride-sharing giant Uber to develop electric aircraft for personal transportation in big cities. Aluminium maker Impol acquired the bankruptcy estate of Croatian producer TLM Aluminium in Šibenik while Industrial conglomerate Kolektor acquired the Italian maker of electronics Microtel Group in November in a bid to strengthen its position as a key car industry supplier. Multichannel retailer Studio Moderna acquired Mango Home Shopping TV, a Polish TV channel, in July, and announced plans to expand to Germany. Meanwhile, Adria Airways acquired Darwin Airline, a Swiss regional airline operating in several European countries, a purchase whose future is uncertain after Darwin filed for bankruptcy protection in November due to the bankruptcies of its partners Air Berlin and Alitalia.

Gorizia, Italy
Pipistrel's new production plant in Italy.
Photo: Rosana Rijavec/STA

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