Business

Urska Srsen designs and markets wearable technology you actually want to wear. Her female-focused company makes smart jewelry that tracks stress, activity — even menstrual cycles. The Y Combinator graduate employs 60 people and has offices in San Francisco, Shenzhen and Zagreb, Croatia.    About LEAF by Bellabeat Ever since it’s debut in late fall of 2014, the LEAF has ...

Dutch brewer Heineken has raised its stake in Pivovarna Laško, Slovenia’s largest brewery, to 96.92% following a takeover bid for Laško’s outstanding stock.  Holders of a combined 43.49% of Laško accepted Heineken’s offer of EUR 25.56 per share, the same amount Heineken paid for a majority stake in the spring, according to a release published in Delo newspaper on Monday. ...

Socks and stockings maker Polzela launched on Thursday the production of organic hemp socks. The launch is seen as the first step on a new development course, according to CEO Marko Klemenčič. He hopes that the new production line will create new jobs in the Savinja valley, north-east. Also present at the launch was Economic Development and Technology Minister Zdravko Počivalšek, ...

Almost 150 people met with Prime minister Miro Cerar at the Ritz Carlton Hotel in San Francisco on December 3, 2015. All aspects of the Slovenian community were represented from new arrivals to the US, students, professors, to first and second generation Slovene Americans. Also present were the Dean and fellow Professors of the Prime Minister from his time teaching ...

On Wednesday, December 3, Slovenian Prime Minister dr. Miro Cerar, Boris Koprivnikar, Minister for Public Administration, and other members of the Slovenian delegation visited Boston, where they met with senior officials at data storage and information security company EMC, including the company’s president Amit Yoran.     Source: Embassy of Slovenia in Washington, D.C. Facebook Page

Tomos, a renowned maker of mopeds, got a new owner this week as industrial conglomerate Hidria sold the company to a small Celje-based trading company for an undisclosed sum. The new owner, MPO Kabel, plans to strengthen the brand presence in existing markers in Europe and the US, and at least double production from the current 400-500 mopeds per year. ...

Manufacturing firms were dominant as the top foreign investors in Slovenia were honored Wednesday by SPIRIT Slovenia, the public agency for the promotion of entrepreneurship and foreign direct investment. Sogefi Filtration, a maker of oil and air filters mostly for the automotive industry, was honored as the best employer. Owned by Italian group Sogefi, it employs a workforce of 160 and boasts annual sales of EUR ...

Dutch brewer Heineken published a bid on Tuesday to complete the takeover of the Slovenian beverage group Pivovarna Laško after acquiring a majority stake earlier this year. According to the notification in the daily Delo, Heineken is offering EUR 25.56 a share for the remaining 46.57% stake it does not own already. The offer is open from 18 November until ...

Startup company Cashila is the first in the world to obtain a bank licence for conversion of digital currency bitcoin and euros with the purpose of competing with the Swift system. Most of the money exists in electronic form, in bank accounts as zeroes and ones, only a small percentage is in cash. One would suppose that consequently financial flows ...

The OECD projects that Slovenia’s economy will expand by 2.5% this year in its latest twice-yearly Economic Outlook, an upgrade of 0.4 points from spring. After slowing down to 1.9%, growth is expected to gain pace to 2.7% in 2017. In the report, released on Monday, the Organisation for Economic Cooperation and Development (OECD) finds growth will be supported by ...