News Archive - October 2014

Samsung Electronics profit falls to lowest in three years

30. 10. 2014
Samsung Electronics profit falls to lowest in three years
Samsung Electronics has seen its quarterly operating profit fall to its lowest level in more than three years because of slowing smartphone sales.

Slovenia Among First Signatories of Deal on Exchange of Tax Info

30. 10. 2014
Slovenia Among First Signatories of Deal on Exchange of Tax Info
Slovenia's Dušan Mramor was among the more than 50 finance ministers who signed at the OECD's Global Forum meeting in Berlin on Wednesday a multilateral agreement on the exchange of financial account data among relevant authorities in a bid to end banking secrecy and tax evasion.

Political Gossip or Fact: Agrokor Pressuring Mercator Suppliers

29. 10. 2014
Political Gossip or Fact: Agrokor Pressuring Mercator Suppliers
The dailies Finance and Delo have reported that Croatia's Agrokor, the owner of retailer Konzum and as of June of Konzum's former Slovenian rival Mercator, is pressuring Mercator's suppliers into giving up 10% of the revenues secured last year through the two grocers.

First Battle of Ypres anniversary marked

29. 10. 2014
First Battle of Ypres anniversary marked
A ceremony’s been held to mark the 100th anniversary of the First Battle of Ypres during the World War One.

Spanish shame over corruption crackdown

28. 10. 2014
Spanish shame over corruption crackdown
A leading member of Spain’s ruling People’s Party (PP) has expressed her shame after the arrests of more than 50 prominent regional political figures.

Analysts Not Surprised by Stress Tests Outcome

28. 10. 2014
Analysts Not Surprised by Stress Tests Outcome
The bank health check that showed the two Slovenian banks requiring minimal capital injections are not surprising, analysts said after European Central Bank (ECB) released the results of stress tests in which the NLB and NKBM, were shown to have a combined shortfall of EUR 65m

Banks fail EU stress tests as 13 are given six months to restore health

27. 10. 2014
Banks fail EU stress tests as 13 are given six months to restore health
Twenty-five major European banks could have failed in 2013 had there been a new financial crisis, but today half of them are out of danger.

Kenyans Dominate Ljubljana Marathon

27. 10. 2014
Kenyans Dominate Ljubljana Marathon
Kenyan runners dominated the 19th Ljubljana Marathon Sunday which saw Ishimael Bushendich equalise the event record with a run of 2 hours, 8 minutes and 25 seconds. In the women's competition the Kenyan Romo Janet won by a wide margin.

Kosovo minister on historic Serbia visit

24. 10. 2014
Kosovo minister on historic Serbia visit
Enver Hoxhaj has become the first government minister from Kosovo to officially visit Serbia since his country unilaterally seceded in 2008.

Skiing World Cup Starting, Maze Looking to Reclaim Top Title

24. 10. 2014
Skiing World Cup Starting, Maze Looking to Reclaim Top Title
Austria's Sölden will launch this weekend the new season in which the hopes of Slovenian fans will again rest exclusively on giant slalom and downhill Olympic champion Tina Maze.

Record Rainfall Causes Major Disruption in C Slovenia

23. 10. 2014
Record Rainfall Causes Major Disruption in C Slovenia
Slovenia was hit by the third major flooding this year on Wednesday following a night of heavy rains and fierce winds. The worst hit were central parts of the country, which saw a record amount of rainfall.

EU leaders consider climate package

23. 10. 2014
EU leaders consider climate package
In the midst of an economic downturn, European leaders will debate at this week’s EU summit how to move towards a low carbon economy.

Microsoft boss Satya Nadella gets $84m pay package

22. 10. 2014
Microsoft boss Satya Nadella gets $84m pay package
Microsoft boss Satya Nadella has been given a pay package worth $84.3m (£52m), making him one of the top earners in the tech industry.

Violeta Bulc Approved by European Parliament

22. 10. 2014
Violeta Bulc Approved by European Parliament
Slovenia's EU commission candidate Violeta Bulc was approved by the European Parliament's Committee on Transport and Tourism on Tuesday with no need for a full vote.

EU to create Ebola czar

21. 10. 2014
EU to create Ebola czar
The EU wants to create an Ebola czar to bring together funding and resources to tackle the deadly disease.

Telemach Buys Tušmobil

21. 10. 2014
Telemach Buys Tušmobil
Cable operator Telemach has purchased Tušmobil, the No. 3 mobile operator in Slovenia, in a move that will bolster its position as the country's second telecommunications company.

FM Attends EU Session on Iraq, Syria, Ukraine, Ebola

20. 10. 2014
FM Attends EU Session on Iraq, Syria, Ukraine, Ebola
Foreign Minister Karl Erjavec will take part in a session of EU foreign ministers who will meet in Luxembourg on Monday to debate the flashpoints in Iraq, Syria and Ukraine as well as a strategy to fight the spreading of the Ebola outbreak.

Zagreb mayor arrested in anti-graft probe

20. 10. 2014
Zagreb mayor arrested in anti-graft probe
The mayor of Zagreb and several of his colleagues have been arrested on corruption and abuse of office charges

Ebola: Six new suspected cases in Spain

17. 10. 2014
Ebola: Six new suspected cases in Spain
Spain remains on high alert for Ebola after recording six new suspected cases of the virus, including a Spanish priest who had recently been in Liberia.

Port of Koper Reports Higher Turnover

17. 10. 2014
Port of Koper Reports Higher Turnover
Luka Koper, the company operating Slovenia's sole commercial port, transshipped 13.88m of cargo in the first three quarters of the year, up 3% on the same period last year. Operating revenue was up 11% to EUR 112.6m.

European Commission: Transport Portfolio Could be Opportunity for Slovenia

16. 10. 2014
European Commission: Transport Portfolio Could be Opportunity for Slovenia
Slovenia's new candidate for the next European Commission Violeta Bulc was designated by Commission President-elect Jean-Claude Juncker to take the post of transport commissioner, a decision that invited mixed reactions in Slovenia but Prime Minister Miro Cerar said he was happy with the post.

Obama vows a more aggressive response to the handling of the Ebola crisis

16. 10. 2014
Obama vows a more aggressive response to the handling of the Ebola crisis
A second Dallas nurse infected with the Ebola virus has been transferred to the hospital in Atlanta which oversaw the recovery of two US aid workers.

Slovenia Sold EUR 500M in T-Bills

15. 10. 2014
http://www.sloveniatimes.com/slovenia-sold-eur-500m-in-t-bills
Slovenia sold EUR 500m in 18-month treasury bills on Tuesday, in the biggest short-term debt issue for the country this year.

Russia and China get friendly over trade and energy deals

15. 10. 2014
Russia and China get friendly over trade and energy deals
Sino-Russian relations took on a warmer glow on Tuesday as President Vladimir Putin met with Chinese Premier Li Keqiang.

Slovenian Breaks World Record with Electric Car

14. 10. 2014
Slovenian Breaks World Record with Electric Car
An enthusiastic Slovenian developer has pushed the boundaries of electric car industry a bit further this weekend, as he drove 726 kilometres in an electric car on one charging, the daily Dnevnik reported on Monday.

“No decision reached” on whether Turkey will let US use airbases in fight against ISIL

14. 10. 2014
“No decision reached” on whether Turkey will let US use airbases in fight against ISIL
Fighting continued in the Syrian town of Kobani, close to the border with Turkey, on Monday night.

Finance Minister Presenting Govt Priorities to Eurogroup

13. 10. 2014
Finance Minister Presenting Govt Priorities to Eurogroup
Finance Minister Dušan Mramor will attend a session of the Eurogroup Monday, his first meeting with his eurozone peers since he was appointed minister. He is expected to present Slovenia's fiscal priorities, most notably the government's plans to revise the budgets for 2014 and 2015.

Russian President Putin pulls back troops from border with Ukraine

13. 10. 2014
Russian President Putin pulls back troops from border with Ukraine
Russian President Vladimir Putin has ordered his troops to retreat from the border with Ukraine.

Bratušek Withdraws, New Candidate Violeta Bulc?

10. 10. 2014
Bratušek Withdraws, New Candidate Violeta Bulc?
A day after being overwhelmingly rejected by two committees in the European Parliament, former Prime Minister Alenka Bratušek withdrew her bid to become a vice-president of the EU Commission on Thursday, prompting a scramble to put forward a new nominee.

France’s Patrick Modiano ‘surprised’ by Nobel Prize accolade

10. 10. 2014
France’s Patrick Modiano ‘surprised’ by Nobel Prize accolade
Patrick Modiano faced the media after being awarded with the 2014 Nobel Prize for Literature.

Several Bids for Telekom Slovenije and NKBM

09. 10. 2014
Several Bids for Telekom Slovenije and NKBM
Several investors have submitted bids for NKBM bank and Telekom Slovenije, the two biggest firms slated for privatisation, POP TV reported Wednesday. The Slovenia Sovereign Holding (SSH) has received at least two binding bids for NKBM while four or five investors are still in the race for Telekom.

France, Germany and Italy unite over job creation plan

09. 10. 2014
France, Germany and Italy unite over job creation plan
The leaders of France, Germany and Italy have pledged to commit some 6.4 billion euros towards tackling youth unemployment.

IMF Upgrades Slovenia Growth Forecast to 1.4%

08. 10. 2014
IMF Upgrades Slovenia Growth Forecast to 1.4%
The International Monetary Fund (IMF) has projected for Slovenia's economy to expand by 1.4% this year and by as much the next, in a marked upgrade on its April forecasts.

Belgium gets a new government after nearly five months without one

08. 10. 2014
Belgium gets a new government after nearly five months without one
Belgium is at last about to have a government ending nearly five months without one since the May 25 elections.

Design Month in Ljubljana Kicks Off

07. 10. 2014
Design Month in Ljubljana Kicks Off
The annual Month of Design kicked off in Ljubljana Monday evening with an award ceremony honouring the best of Slovenian design in the past year and lifetime achievements in design.

Eiffel Tower gets new perspective with glass floor view

07. 10. 2014
Eiffel Tower gets new perspective with glass floor view
For those with a head for heights, visiting the Eiffel Tower in Paris is now more of an adventure than ever – thanks to a new glass floor offering a tantalisingly jaw-dropping view.

Local Elections: Weird Acrobatics of Slovenian Voters

06. 10. 2014
Local Elections: Weird Acrobatics of Slovenian Voters
Ljubljana Mayor Zoran Janković whos party was humiliated in parliamentary elections in July has cruised to re-election in Sunday's local election, according to an exit poll by pollster Mediana. Maribor Mayor Andrej Fištravec will meanwhile face a run-off against the man he helped to oust nearly two years ago.

Jules Bianchi undergoes surgery after Japanese Grand Prix crash

06. 10. 2014
Jules Bianchi undergoes surgery after Japanese Grand Prix crash
Marussia driver Jules Bianchi has undergone surgery after suffering a severe head injury in a crash at the Japanese Grand Prix.

Atletico skipper Gabi admits to playing role in match-fixing scandal

03. 10. 2014
Atletico skipper Gabi admits to playing role in match-fixing scandal
Atletico Madrid captain Gabi has admitted to prosecutors in Spain he played a role in a match-fixing scandal during his time at Real Zaragoza.

Interchangeable Drugs Bring EUR 24.6M in Savings in a Year

03. 10. 2014
Interchangeable Drugs Bring EUR 24.6M in Savings in a Year
The gradual introduction of a pricing cap for five groups of interchangeable pharmaceuticals, which started a year ago, is producing results, as the Health Insurance Institute (ZZZS) has saved around EUR 24.6m with the measure to date.

Spain’s EU pick comes under fire for ‘oil links’

02. 10. 2014
Spain’s EU pick comes under fire for ‘oil links’
Spain’s pick for the next European Commission has come under fire from MEPs for his alleged links to the oil industry.

Revoz Announces 450 New Jobs Following Production Expansion

02. 10. 2014
Revoz Announces 450 New Jobs Following Production Expansion
Renault-owned carmaker Revoz announced on Wednesday it would expand its workforce by around 450 to meet the production needs for the new Twingo and the four-seat Smart.

Global AgeWatch Index: Norway best for older people

01. 10. 2014
Global AgeWatch Index: Norway best for older people
Norway is the best place to grow old, according to an index of the quality of later life in 96 countries.

Gorenje Launches EUR 50M Five-Year Bond Issue

01. 10. 2014
Gorenje Launches EUR 50M Five-Year Bond Issue
Household appliance maker Gorenje has started collecting binding bids for a five-year bond issue worth EUR 50m, with which the Velenje-based company wants to further improve its financing structure, Gorenje said in a press release on Tuesday.