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News Archive - January 2015

Google profits up but revenue misses expectations

30. 01. 2015
Google profits up but revenue misses expectations
Internet giant Google reported fourth-quarter profits of $4.76bn (£3.16bn), up nearly 30% from the same period a year before, but revenue missed Wall Street expectations.
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Weather: Snow Storm to Hit North and Central Slovenia

30. 01. 2015
Weather: Snow Storm to Hit North and Central Slovenia
Heavy snow is expected on Friday morning an midday in central and north Slovenia. Enviromental Agency forecasts up to half of meter of new snow until Saturday night in some parts of Slovenia. Heavy rain and new flooding is expected on the south.
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Private Equity Fund Cinven Confirms Interest in Telekom Slovenije

29. 01. 2015
Private Equity Fund Cinven Confirms Interest in Telekom Slovenije
Cinven, a UK-based private equity fund, confirmed Wednesday it was interested in acquiring a majority stake in Telekom Slovenije, the biggest company that Slovenia plans to privatise.
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Minister Calls for Revolution in Promotion of Tourism

29. 01. 2015
Minister Calls for Revolution in Promotion of Tourism
Economy Minister Zdravko Počivalšek has called for a revolution in the promotion of Slovenian tourism as a response to what he believes are negative trends in the industry.
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Elan Provided EUR 5m in Equipment for Qatar Handball Arenas

28. 01. 2015
Elan Provided EUR 5m in Equipment for Qatar Handball Arenas
The three multi-purpose indoor arenas in Qatar currently serving as venues for the World Men's Handball Championship have been co-equipped by the Slovenian sports equipment manufacturer Elan in a deal worth EUR 4.8m.
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PM Congratulates Syriza, Hopes Greece to Adhere to EU Rules

27. 01. 2015
PM Congratulates Syriza, Hopes Greece to Adhere to EU Rules
Prime Minister Miro Cerar has congratulated the winner of Greece's general election, the far-left Syriza party, voicing the hope on Monday that Athens would continue to abide by European rules.
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President Attends Auschwitz Ceremony in Poland

27. 01. 2015
President Attends Auschwitz Ceremony in Poland
President Borut Pahor will attend on Tuesday a ceremony marking 70 years since the liberation of Nazi German concentration camp Auschwitz in Poland's Oswiecim, where he will be accompanied by five concentration camp survivors.
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Flisar World Champion in Ski Cross

26. 01. 2015
Flisar World Champion in Ski Cross
Slovenia's freestyle skier Filip Flisar won the skicross finals of the World Championships in Kreischberg, Austria, on Sunday. This is the first world cup medal for the Maribor native famous for his handlebar moustache
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An end in sight to Ebola, but WHO warns fight is not over

26. 01. 2015
An end in sight to Ebola, but WHO warns fight is not over
Stopping the spread of Ebola in West Africa is within reach, the World Health Organisation (WHO) says that new cases have been declining over the past four weeks in Guinea, Liberia and Sierra Leone.
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Greek elections: Syriza asks voters to end 'humiliation'

23. 01. 2015
The leader of Greek left-wing party Syriza says an end to "national humiliation" is near, as opinion polls put the party ahead three days before the general election.
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Krka Boss to Stay on for Another Term

23. 01. 2015
Krka Boss to Stay on for Another Term
The supervisory board of drug maker Krka has extended the term of chief executive Jože Colarič by another six-year term starting in January 2016. He has been tasked with nominating the remaining board members until November, Krka said.
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ECB set to announce large-scale bond-buying programme

22. 01. 2015
ECB set to announce large-scale bond-buying programme
The European Central Bank (ECB) is expected to announce a huge bond-buying programme later on Thursday, aimed at revitalising the eurozone economy.
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Unicredit with Optimistic 2015 Growth Forecast for Slovenia

22. 01. 2015
Unicredit with Optimistic 2015 Growth Forecast for Slovenia
The Italian banking group Unicredit has assessed Slovenia's GDP growth in last year at 2.5%, while projecting that the country's economy will expand this year by 1.8%, which is one of the most optimistic forecast for Slovenia to date.
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Rogaška Slatina Hotels Get New Owner

21. 01. 2015
Rogaška Slatina Hotels Get New Owner
Three landmark hotels operating as part of the Rogaška Slatina spa resort, which were seized by the Austrian-owned Hypo Alpe Adria financial group in 2013, have been sold to what business paper Finance reports is a Russian-owned company, SLKI.
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Government Resumes Working Meeting on 2015 Priorities

21. 01. 2015
Government Resumes Working Meeting on 2015 Priorities
The cabinet will continue on Wednesday its working meeting on 2015 priorities at which the ministers are expected to present their concrete focus areas for this year. On the basis of these, the government is to form a joint priority list.
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EU pledges better cooperation with Muslim countries in the fight against terror

20. 01. 2015
EU pledges better cooperation with Muslim countries in the fight against terror
"We are determined to do what is necessary to keep Europe safe from the terrorist threat," said British Foreign Secretary Philip Hammond on Monday (January 19).
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Fraport Seeking Outright Stake in Ljubljana Airport

20. 01. 2015
Fraport Seeking Outright Stake in Ljubljana Airport
Germany's Fraport is seeking to gain an outright stake in airport operator Aerodrom Ljubljana by squeezing out minority shareholders who currently hold around 2% of the company. Fraport will pay EUR 61.75 per share, on par with its takeover bid
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Le Pen seeks return to internal EU border controls

15. 01. 2015
Le Pen seeks return to internal EU border controls
The leader of France’s Front National has called for border controls to be reinstated in Europe.
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India cuts interest rates in a surprise move

15. 01. 2015
India cuts interest rates in a surprise move
India's central bank made a surprise move on Thursday to cut its interest rate to 7.75%, thanks to lower-than-expected inflation.
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World Bank cuts global growth forecast

14. 01. 2015
World Bank cuts global growth forecast
The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery.
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PM: "Privatisation Will Continue Despite Political Pressure"

14. 01. 2015
PM:
Prime Minister Miro Cerar has made a renewed pledge that privatisation will continue after he has come under pressure from the left, in particular with regard to the sale of Telekom Slovenije. "We will continue privatising 15 companies. This is a commitment this country made," he told a TV interview on Monday.
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Petrol prices slide across eurozone

13. 01. 2015
Petrol prices slide across eurozone
The price of petrol is tumbling and set to fall further. Filling up at the pumps is getting cheaper throughout the eurozone thanks to the crash in oil prices.
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Slovenia and Friuli-Venezia Giulia with Very Good Cooperation

13. 01. 2015
Slovenia and Friuli-Venezia Giulia with Very Good Cooperation
The president of the Italian region of Friuli-Venezia Giulia will pay a working visit to Slovenia on Tuesday. Debora Serracchiani will meet Foreign Minister Karl Erjavec and receive a decoration for her contribution to the strengthening of Slovenian-Italian relations.
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PM Cerar Joined Millions at Anti-Terror Rally in Paris

12. 01. 2015
PM Cerar Joined Millions at Anti-Terror Rally in Paris
Prime Minister Miro Cerar and Foreign Minister Miro Cerar flew to Paris on Sunday to attend the "unity rally" organised after 17 people were killed in terrorist attacks in France this week.
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Slovenian-Owned Bitcoin Exchange Back Online After Hacker Attack

12. 01. 2015
Slovenian-Owned Bitcoin Exchange Back Online After Hacker Attack
Slovenian-owned bitcoin exchange Bitstamp was back online Friday after going down earlier this week following an attack by hackers, its CEO announced. Nejc Kodrič said security measures have been upgraded.
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Manhunt intensifies for Charlie Hebdo suspects

09. 01. 2015
Manhunt intensifies for Charlie Hebdo suspects
In northern France a massive police hunt is underway for the two suspects in the Charlie Hebdo atrocity. Officers are using special equipment including thermal imaging cameras, and night vision glasses to track down two brothers, Cherif and Said Kouachi. The area currently at the centre of the manhunt contains four villages and a number of large caves which are used in the cultivation of mushrooms.
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Govt Ready to Help Polzela with Debt to Equity Conversion

09. 01. 2015
Govt Ready to Help Polzela with Debt to Equity Conversion
The government gave on Thursday its consent to convert EUR 923,000 in claims to stockings maker Polzela into equity, which will make the state a 27% owner of the struggling company.
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The self-driving car is king at Las Vegas Consumer Electronics Show

08. 01. 2015
Launching the latest gadgets and gambling on their future can make you rich or bankrupt you, so Las Vegas is the perfect venue for the International Consumer Electronics Show.
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Slovenia Gets EU Special Status for Kranjska Sausage

08. 01. 2015
Slovenia Gets EU Special Status for Kranjska Sausage
Slovenia has managed to get EU special status for the Kranjska sausage as the European Commission announced on Wednesday it had approved its addition to the register of Protected Geographical Indications.
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Rolls-Royce enjoys record year with 4,000 plus cars sold

07. 01. 2015
Rolls-Royce enjoys record year with 4,000 plus cars sold
2014 was a bumper year for Rolls-Royce with sales up by 13 percent on the previous year as it delivered more than 4,000 vehicles for the first time ever.
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DBS Bank Raises Fresh Capital to Avert Bailout

07. 01. 2015
DBS Bank Raises Fresh Capital to Avert Bailout
DBS, a small bank majority owned by cooperatives, has averted a bailout by the state by raising EUR 4.4m in two rounds of recapitalisation. The bank is now in compliance with central bank requirement, DBS said Tuesday.
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US oil price falls below $50 on supply glut fears

06. 01. 2015
US oil price falls below $50 on supply glut fears
The US oil price fell below the symbolic threshold of $50 a barrel for the first time since April 2009, before finishing the day at $50.05.
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Plečnik Heritage Finally on UNESCO List?

06. 01. 2015
Plečnik Heritage Finally on UNESCO List?
Efforts to list the works of architect Jože Plečnik (1872-1957) on the UNESCO World Heritage Sites list appear to be gathering momentum after years of discussions, as a joint Slovenian-Czech bid is in the making involving the architect's Ljubljana masterpieces and his work in Prague.
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Will 2015 be the year of the Brexit?

05. 01. 2015
Will 2015 be the year of the Brexit?
It’s a new year and could it be a new direction for Britain – moving away from Europe?
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Winter Sales Kicking Off

05. 01. 2015
Winter Sales Kicking Off
Clothing and footwear shops in Slovenia are expected to be packed on Monday as winter clearance sales start, offering discounts of up to 60%. While discounts were already offered in the festive December, experienced shoppers will now be looking for bargains for more expensive pieces of clothing and footwear.
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Lithuania’s euro expectations

02. 01. 2015
Lithuania’s euro expectations
Lithuania is seven years behind schedule bringing in the euro this January 1st. It has been lined up to replace its litas currency since 2002 but its struggle amid the global financial crisis kept putting this off.
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Three Hydro Power Stations on Central Sava Due by 2020

02. 01. 2015
Three Hydro Power Stations on Central Sava Due by 2020
The construction of three hydro power stations on the central section of the river Sava, Suhadol, Trbovlje and Renke, is due to be finished by 2020, according to the Infrastructure Ministry. But the project, estimated at EUR 475m, still has quite a few obstacles ahead.
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