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News Archive - November 2014

Slovenia Confirms Participation in Post-ISAF Afghan Mission

28. 11. 2014
Slovenia Confirms Participation in Post-ISAF Afghan Mission
The government decided Thursday to deploy up to ten soldiers in the NATO-led Resolute Support mission in Afghanistan, which will succeed the current ISAF mission in 2015.
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Russian economy stumbles under oil price pressure

28. 11. 2014
Russian economy stumbles under oil price pressure
Russia accounts for 11 percent of the world’s oil, but oil and gas combined make up a hefty 50 percent of Russia’s budget, so price fluctuations have a massive effect on economic planning.
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Aviva and Friends Life to merge as companies seek fresh start

27. 11. 2014
Aviva and Friends Life to merge as companies seek fresh start
Insurers Aviva and Friends Life have agreed terms for a possible all-share merger, with Aviva offering Friends shareholders a 15% premium for a 26% share in the merged entity.
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Laško Brewery Returns to Profit

27. 11. 2014
Laško Brewery Returns to Profit
The Pivovarna Laško beverage group returned to profit over the first nine months of the year, making net earnings of EUR 12.7m, up from a loss of EUR 10.8m in the same period last year, it said in an earnings release on Monday.
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EU President set to unveil investment strategy

26. 11. 2014
EU President set to unveil investment strategy
European Commission President Jean-Claude Juncker is set to present his investment strategy to the European Parliament on Wednesday.
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Nuclear Safety Exercise in Krško Power Plant

26. 11. 2014
Nuclear Safety Exercise in Krško Power Plant
A two-day nuclear safety exercise will get under way in Ljubljana and Krško Wednesday acting out a scenario in the event of nuclear fallout from the Krško Nuclear Power Plant. The last such exercise was carried out in 2008.
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Violence erupts in Ferguson after grand jury shooting decision

25. 11. 2014
Violence erupts in Ferguson after grand jury shooting decision
Gunshots rang out and bottles and rocks were thrown as protester violence erupted onto the streets of Ferguson, Missouri.
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German President Starts Two-Day Visit to Slovenia

25. 11. 2014
German President Starts Two-Day Visit to Slovenia
German President Joachin Gauck will arrive for a two-day visit to Slovenia on Tuesday to meet senior state officials, including President Borut Pahor, Prime Minister Miro Cerar and Speaker Milan Brglez. A strong business delegation is accompanying Gauck.
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Volkswagen announces €85 bn investment package

24. 11. 2014
Volkswagen announces €85 bn investment package
Volkswagen has announced it is to invest €85 bn in its operations over the next five years.
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Slovenia Remembering WWI General Maister

24. 11. 2014
Slovenia Remembering WWI General Maister
Slovenia is celebrating Rudolf Maister Day on Sunday, the day 96 year ago when this general took control of Maribor at the end of WWI and in effect secured what later became Slovenia's northern border.
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Delta swaps Boeings for Airbus planes in $14bn order

21. 11. 2014
Delta swaps Boeings for Airbus planes in $14bn order
American airline Delta is to replace its old Boeing planes with 50 Airbus wide-body jets powered by Rolls Royce engines.
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Smerkolj Confirmed as New Development Minister

21. 11. 2014
Smerkolj Confirmed as New Development Minister
The National Assembly appointed Alenka Smerkolj minister without portfolio for development, strategic projects and cohesion in a 53:19 vote on Wednesday. She was backed by coalition MPs, while the opposition Democrats (SDS) and the United Left (ZL) voted against. The Alliance of Alenka Bratušek (ZaAB) abstained.
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NLB Reports EUR 50M Net Profit Through Q3

20. 11. 2014
NLB Reports EUR 50M Net Profit Through Q3
The group around Slovenia's largest bank, NLB, has reported a net profit of EUR 49.3m for the first three quarters of the year, a significant improvement over the EUR 293.5m loss made only a year ago, as impairments fell by 68% year-on-year to EUR 108.7m.
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High-profile Conference Looking for New Growth Recipe

20. 11. 2014
High-profile Conference Looking for New Growth Recipe
A high-profile business conference will get under way at the seaside town of Portorož on Thursday to call for change at the national level and the EU in order to boost growth.
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FinMin Urges Unionists to Accept Deal or Face Painful Cuts

19. 11. 2014
FinMin Urges Unionists to Accept Deal or Face Painful Cuts
Finance Minister Dušan Mramor has reportedly warned the chief negotiators of public sector trade unions that pay cuts of up 7% could be introduced under pressure from Brussels if the unions continue to reject any additional austerity measures in 2015.
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China Wants to Boos Cooperation with Slovenia, Government Clueless and Without Any Strategy

19. 11. 2014
China Wants to Boos Cooperation with Slovenia, Government Clueless and Without Any Strategy
Chinese Vice Premier Wang Yang will begin a two-day visit to Slovenia on Thursday in what is one of the highest official visits from China. The visit will be dominated by business, as Wang will be accompanied by a business delegation featuring more than 150 executives.
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China and Australia sign long-awaited free trade deal

18. 11. 2014
China and Australia sign long-awaited free trade deal
It has taken a decade to agree on but on Monday China and Australia signed a free trade deal that significantly expands economic ties.
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Supplementary Budget at Final Reading

18. 11. 2014
Supplementary Budget at Final Reading
The supplementary budget for 2014, which expands the deficit by almost EUR 200m to EUR 1.2bn, will enter the last stage of adoption at the National Assembly on Tuesday. The debate is scheduled to run throughout the day with the vote due on Wednesday.
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Bird flu: EU urgent meeting after Netherlands outbreak

17. 11. 2014
Bird flu: EU urgent meeting after Netherlands outbreak
The European Commission is to discuss emergency protective measures after a highly contagious strain of bird flu was discovered at a poultry farm in the Netherlands.
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Four Porotorož Hotels Sold to Croatian Operator

17. 11. 2014
Four Porotorož Hotels Sold to Croatian Operator
Hotel chain Hoteli Bernardin has sold a four-hotel complex in Portorož to Croatian hotel operator Hoteli Cavtat for an undisclosed price. The sale is part of financial restructuring and will help the company deleverage, according to Friday's press release from Hoteli Bernardin.
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Billionaire Warren Buffett bets on battery power with Duracell purchase

14. 11. 2014
Billionaire Warren Buffett bets on battery power with Duracell purchase
One of the world’s best known investors is betting on the power of long life batteries to boost his fortune.
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New Ministers Finally Presented to MPs

14. 11. 2014
New Ministers Finally Presented to MPs
Economy and development ministers nominees, Gojko Koprivec and Alenka Smerkolj, respectively, will present themselves to the parliamentary Economy Committee on Friday. If their hearings go well, the parliament will vote on their appointment next week.
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Police Trade Union Planning Rally Against Cuts

13. 11. 2014
Police Trade Union Planning Rally Against Cuts
At least one of Slovenia's police trade unions is expected to soon stage a protest against further cuts in the public sector. The SPS, which argued the police force will be hit especially hard by the measures, has also engaged the larger union, the PSS, into talks on a possible strike.
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European scientists wait for comet probe to ‘start doing some science’

13. 11. 2014
European scientists wait for comet probe to ‘start doing some science’
Scientists at the ==European Space Agency= (ESA) have celebrated the landing of a robot probe on a speeding comet some half-billion kilometres from Earth.
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Catalan vote draws muted EU response

12. 11. 2014
Catalan vote draws muted EU response
After the tension that surrounded Scotland’s recent independence referendum, the reaction in Brussels to the non-binding Catalan vote has been muted.
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Liffe to Occupy Ljubljana Cinemas in the Next 11 Days

12. 11. 2014
Liffe to Occupy Ljubljana Cinemas in the Next 11 Days
The Ljubljana International Film Festival (Liffe), a highlight of the year for film lovers, will begin on Wednesday, bringing almost a hundred features and around 20 shorts until 23 November. The opening film of the 25th edition of the festival will be Jacques Tati's "Playtime" from 1967.
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Apec summit: China's Xi Jinping urges economic integration

11. 11. 2014
Apec summit: China
Chinese leader Xi Jinping has urged Asia-Pacific nations to accelerate economic integration in order to spur global growth.
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Retired Banker Nominated for Economy Post

11. 11. 2014
Retired Banker Nominated for Economy Post
PM Miro Cerar nominated Gojko Koprivec, a retired banking and insurance industry veteran, to lead the Economy Ministry. Cerar, who revealed the news on Twitter, described him in a press statement a "renowned expert" with experience in banking, insurance as well as industry.
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Music and symbolism mark 25th anniversary of fall of Berlin Wall

10. 11. 2014
Music and symbolism mark 25th anniversary of fall of Berlin Wall
Around 8,000 helium balloons have been released at the end of a weekend of events for the 25th anniversary of the Berlin Wall coming down.
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Government to Debate Flood Relief

10. 11. 2014
Government to Debate Flood Relief
The government will meet for a working meeting on Sunday afternoon to debate the consequences of the ongoing floods and outline short-term relief measures.
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Francois Hollande: I will quit if I fail on unemployment

07. 11. 2014
Francois Hollande: I will quit if I fail on unemployment
French President Francois Hollande has said he will not seek re-election in 2017 if he fails to cut unemployment.
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Revoz Creates Nearly 1,000 New Jobs in 2014

07. 11. 2014
Revoz Creates Nearly 1,000 New Jobs in 2014
The Novo mesto-based car maker Revoz, a subsidiary of Renault, is hiring additional 450 workers to boost the production of the new Twingo and Smart ForFour models by a third. The company will have created 1,000 new jobs with its two new production lines by the end of the year.
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Ebola: Cured Spanish nurse Teresa Romero recounts illness

06. 11. 2014
Ebola: Cured Spanish nurse Teresa Romero recounts illness
The Spanish nurse who became the first person known to have contracted Ebola outside West Africa in the latest outbreak has given an emotional account of her ordeal as she left hospital.
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Champions League: Maribor Surprisingly Draw with Chelsea

06. 11. 2014
Champions League: Maribor Surprisingly Draw with Chelsea
Slovenian football champions Maribor played out a 1:1 draw with the English powerhouse Chelsea at home on Wednesday in what was week 4 of the UEFA Champions League to remain in play for the next round of Europe's strongest club competition.
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EU Commission lowers growth forecasts, promises 300 billion euro investment plan for Christmas

05. 11. 2014
EU Commission lowers growth forecasts, promises 300 billion euro investment plan for Christmas
The European Commission has added its voice to the growing drumbeat of bad news about the European economic recovery with growth downgrades for 2014.
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Jančar Wins French Literature Prize

05. 11. 2014
Jančar Wins French Literature Prize
Drago Jančar, one of Slovenia's most celebrated novelists, has joined the ranks of Salman Rushdie and Orhan Pamuk as the winner of the Prix du meilleur livre etranger for the best foreign book, an accolade awarded by the association of French critics and publishers.
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Boat Maker Seaway to Restart Production after Recapitalisation

04. 11. 2014
Boat Maker Seaway to Restart Production after Recapitalisation
The shareholders of boat maker Seaway provided fresh capital for the troubled company which has recently had all its accounts blocked. The firm was recapitalised with EUR 1.2m, of which EUR 570,000 was provided by KD Group and the rest were debt-to-equity conversions by remaining shareholders.
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Muted start for new European Commission

04. 11. 2014
Muted start for new European Commission
The new EU commission began work on Monday after taking office on Saturday. Commission President Jean-Claude Juncker has made it clear that he believes the team is the last chance for Europe and has promised a new start for the EU.
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France, Italy avert budget row with EU Commission

03. 11. 2014
France, Italy avert budget row with EU Commission
Both Italy and France have backed off from a budget clash with the EU.
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Union-Owned Bank Buys Maribor Airport

03. 11. 2014
Union-Owned Bank Buys Maribor Airport
Delavska hranilnica, a bank controlled by several trade unions, has acquired 57% of Aerodrom Maribor, the company operating the airport in Slovenia's second-largest city. The bank's boss says the move was made in response to foreign ownership of Aerodrom Ljubljana, the operator of Slovenia's biggest airport.
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