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Business

Business Press Review 1:00

Finance points to risks on property market

Finance points to risks on the property market in Thursday's commentary, wondering how much money people will be able to afford spending on an apartment at the time when costs of living are increasing and loans are getting costlier, while wages remain the same.

Business May 18, 2022, 16:30

Slovenian property market with a record year in 2021

The Slovenian property market saw a record year in 2021 in terms of increase in prices and the number of transactions involving land for residential buildings, with the commercial property market also being revived. The Surveying and Mapping Authority has reported more than 37,000 transactions worth a total of EUR 2.9 billion.

Business May 18, 2022, 16:20

Stock market index sheds 0.4%

The Ljubljana Stock Exchange's benchmark index SBI TOP closed 0.43% lower in mixed trading on Wednesday. The drug maker Krka accounted for more than a third of today's total turnover of EUR 1.4 million.

Business May 18, 2022, 15:51

Consumers' association to take Sparkasse to court over zero floor

The Slovenian Consumers' Association (ZPS) intends to bring a class action against the bank Sparkasse because they find it unacceptable that the bank deems the interest rate on a loan to be zero if Euribor goes negative. The organisation is urging borrowers at other banks who made variable-rate loan payments in 2015-2022 to join the case.

Business May 18, 2022, 15:42

DEM gets building permit for geothermal power plant

DEM, the company managing power stations on the river Drava, has been granted a building permit for a geothermal power plant at a wellbore in Čentiba in Prekmurje, the only Slovenian region with some gas and oil. The plant will serve as a best practice demonstration project encouraging the production of geothermal energy.

Business May 18, 2022, 14:22

Farmers hail choice of Irena Šinko for agriculture minister

Farmer representatives welcomed the choice of Irena Šinko as a candidate for agriculture minister. The Chamber of Agriculture and Forestry (KGZS) said it was "positive surprise" as she has the expertise. It would like the new government to help farmers, especially with the gap between low buy-in prices and the skyrocketing costs of inputs.

Business May 18, 2022, 11:26

Early-stage entrepreneurs showing great deal of resilience

The latest Global Entrepreneurship Monitor (GEM) survey shows that early-stage entrepreneurs in Slovenia have shown a great deal of resilience during crisis, as the total early-stage entrepreneurial activity has increased. Every other Slovenian is convinced that good business opportunities will show up in the next six months.