Telekom Slovenije not to share 2023 profit for now

Ljubljana, 17 April - The management of the telecoms incumbent Telekom Slovenije has proposed that the 2023 net profit be allocated for reserves instead of being paid out to the shareholders as dividends, as the company would otherwise have to return EUR 3.57 million in state aid used to mitigate the effect of high electricity prices.

Ljubljana
Headquarters of national telco Telekom Slovenije
Photo: Tamino Petelinšek/STA
File photo

The rest of this news item is available to subscribers.
The news item consists of 1.828 characters (without spaces) or 381 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

zm/aaz
© STA, 2024