Slovene Development Corporation to Sell off Share in Iskra Avtoelektrika

Ljubljana, 21 May - Slovene Development Corporation (SRD) issued a public tender to sell of its 9.8 percent share in Nova Gorica-based Iskra Avtoelektrika. The tender for 157,857 shares in a total nominal value of SIT 315.7 million (1.4 million euros) will be open until 29 May. According to SRD PR Jana Bogdanovski, some buyers have already come forward, however she did not wish to disclose the bids. SRD is to sell its share in Iskra Avtoelektria due to the reform of SRD.

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