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Business

Business Press Review 1:00

Delo sees some positive signs amid labour market gloom

Despite the latest unemployment data showing a slowdown in the loss of jobs in Slovenia in June compared with the month before, the newspaper Delo says it is too early to say what will happen when government job retention schemes run out, although it does say not all is black.

Business Jul 3, 2020, 19:35

Hoteliers expect tourism recovery in 2024

Experts expect tourism to achieve 2019 results again as late as in 2024, said Gregor Jamnik, the head of the Slovenian Association of Hotels at Thursday's conference held by the organisation. Hotel operators estimate that business will somewhat return to normal in the second half of 2021, depending on the air traffic situation.

Business Jul 3, 2020, 18:39

Sava Turizem will not pay out dividends this year

The general meeting of tourism company Sava Turizem decided on Friday to have last year's entire distributable profit of EUR 23.2 million retained. Small shareholders opposed the decision. Moreover, the merger of hotel operator Hoteli Bernardin and Sava Turizem is also raising dust.

Business Jul 3, 2020, 15:58

Stocks in Ljubljana close the week lower

The SBI TOP index on the Ljubljana Stock Exchange closed 0.26% lower at 848.66 points on Friday as most blue chips lost ground, including pharma company Krka (-0.24% to EUR 82.80), which contributed EUR 466,000 to the EUR 902,000 in daily trading volumes. The issue of NLB bank lost 0.99% to EUR 40.

Business Jul 3, 2020, 15:42

Govt overhauls 2TDK supervisory board

The government replaced on Friday four of the five supervisors of 2TDK, the company established for the construction and management of a new rail link to the port of Koper, appointing Robert Rožič the new chief supervisor.

Business Jul 3, 2020, 14:53

Minister announces investments in railways, roads

Infrastructure Minister Jernej Vrtovec said on Friday that Slovenia must upgrade its railway infrastructure and enable cheaper and faster train rides if it was to keep up with the trends of the EU Green Deal. Motorways are also in for renovation, but not during the summer months, he said.

Business Jul 3, 2020, 13:58

GZS proposes changes to state loan guarantee scheme

The Chamber of Commerce and Industry (GZS) stressed on Friday that the state loan guarantee scheme for companies needed changes beyond those envisaged by the fourth stimulus package because of delays in its implementation. The GZS proposes that the maximum possible amount of loans under the scheme be raised to 25% of the company's annual sales.