Business

Society Press Review 1:00

Večer says post-flood effort in Koroška taking too long

Večer says in Thursday's commentary that the state has failed in meeting people's expectations regarding post-flood reconstruction in the northern region of Koroška. It notes that someone must take responsibility for the situation and the resulting economic damage and potentially danger to human lives.

Business Nov 20, 2024, 18:56

MPs pass changes to boost banks' resilience to crisis

The National Assembly backed on Wednesday changes to the Resolution and Compulsory Winding-Up of Banks Act that incorporate EU legal changes requiring banks to hold sufficient capital and eligible liabilities to cover losses in financial distress. The bank resolution fund will be restructured as well.

Politics Nov 20, 2024, 18:56

National Assembly adopts ambitious budget bills for 2025, 2026

MPs passed on Wednesday budget bills for the coming two years, among them a revised budget for 2025 that increases expenditure by 8% to EUR 17.1 billion, mainly to fund the public sector wage reform. While the coalition is confident about the figures and priorities, opposition MPs see the record-high budgets as unrealistic and imprudent.

Business Nov 20, 2024, 18:00

Aircraft designer Boscarol and his aircraft honoured with stamp

Pošta Slovenije has unveiled a special commemorative postage stamp celebrating prominent aircraft designer and entrepreneur Ivo Boscarol. Featuring Boscarol and the Velis Electro aircraft, produced by Pipistrel, the stamp will be available from 22 November.

Business Nov 20, 2024, 17:34

Steel group SIJ plans to double sustainable bond issue

SIJ, Slovenia's largest steelworks, plans to extend an existing issue of sustainable bonds by EUR 22.1 million based on investor interest. The transaction will be completed on 25 November, the company said on Wednesday.

Business Nov 20, 2024, 16:07

SBI TOP index gains 0.42% as boards flash green

Boards flashed green on the Ljubljana Stock Exchange on Wednesday and the SBI TOP benchmark added 0.42% to 1,642.19 points. The winner of the day was the chemical company Cinkarna Celje (+1.2%), while the insurer Zavarovalnica Triglav (+0.78%) accounted for almost a third of the total volumes of EUR 2.59 million.