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Bill on transformation of Slovene Railways Confirmed by Gov't

Ljubljana, 27 June - The Slovene Government on Thursday confirmed the wording of the bill on the transformation and privatisation of the public company Slovene Railways (SZ), which envisages the transformation of SZ into a holding and at least three subsidiaries. According to Transport Minister Jakob Presecnik, the bill, which has been sent to fast track parliamentary procedure, also provides for the SIT 4.2bn (EUR 18.6m) of back taxes, transforming them into the state's capital stake.

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