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Heineken wires EUR 120m, takes control of majority stake in Laško

Heineken paid on Thursday EUR 119.5m for a 53.43% stake in beverage group Pivovarna Laško. Moreover, the Dutch buyer provided additional EUR 185m for the group to repay its debt. Dušan Zorko, who will remain at the helm, told the press that “Laško no longer owes anything to anybody but Heineken”. The core company, Pivovarna Laško, will get EUR 141m, ...

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Slovenian Pipistrel to deliver 194 aircraft to India

Pipistrel, the Slovenian maker of ultralight aircraft, signed a deal on Monday to deliver 194 trainer aircraft to the Indian Air Force, Indian Navy and the National Cadet Corps, the biggest single deal in the company’s history. The deal has also been described by Arming India, a specialised defence portal, as one of the single largest deals involving ultralight aircraft ...

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Fitch Upgrades Slovenia’s Outlook from Stable to Positive

Ratings agency Fitch has revised Slovenia’s outlook from stable to positive, while affirming its long-term foreign and local currency rating at BBB+, according to a press released posted on its website on Friday. The revised outlook means Fitch could upgrade Slovenia’s credit rating on the basis of shrinking budget deficit consistent with government debt on a downward path, progress in ...

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SABA at 48th International Trade and Business Fair – Celje, Slovenia

The 48th annual International Trade and Business Fair took place in Celje, Slovenia from September 8-13. The Slovenian American Business Association (SABA) participated for the first time, hosting a booth and demonstrating the products of various SABA members. Together with the Canadian Slovenian Chamber of Commerce, SPIRIT Slovenia and BoundBraker, SABA gave presentations on connecting businesses between Slovenia, the United ...

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Startup Accelerator Launches New Business Hub

Acceleration Business City Hub has 2,000 m2 of office space that it will offer to startups. Dejan Roljić, founder and CEO of ABC Accelerator, said the goal was to make this the biggest startup accelerator in Southeast Europe and a top 5 player in the world. The accelerator was launched in March and has already completed a programme focused on smart cities. ...

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Businesses from 38 Countries Showcased at Celje Fair

China will have the biggest national pavilion as Slovenia’s foremost business fair opens in Celje on Tuesday, featuring more than 1,500 exhibitioners from 38 countries. Hosting a record number of national presentations, the 48th International Trade and Business Fair (MOS) will be declared open by Prime Minister Miro Cerar. Apart from China, joint showcases of their economies have also been organised ...

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SABA at the International Trade and Business Fair in Celje

The Slovenian American Business Association SABA (www.sloaba.com) will be present at 48. International Trade and Business Fair in Celje Slovenia  between September 8 and 13, 2015. This will be first public presentation of SABA to brighter business public in Slovenia. Join SABA at booth Nr. 27 in Hall Nr. L1. On September 10, 2015 SPIRIT will organize “Business day” where ...

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Slovenian Pavilion Reaps Unexpected Success at Expo 2015

Slovenia, which showcases its pyramid pavilion at the universal exposition Expo 2015 in Milan, is very happy with the number of visitors turning out at the pavilion, saying this helps to promote the country for new business and tourism. About 4,000 to 6,000 visitors turn up every day. “We expected fewer visitors in August, but quite the contrary, long queues ...

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Slovenian Statehood Day in Cleveland

On June 19, 2015 Jurcek Zmauc, Slovenian Consul General in Cleveland on the occasion of Slovenian Statehood Day and Farewell Event invited to reception in City Hall of Cleveland. Reception was sponsored by The Honorable Mayor of Cleveland, Frank G. Jackson, Councilman Michael D. Polensek and Councilman Joe Cimperman. At the event Mayor Jackson gave Consul General a Proclamation in ...

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Pentasens, Inc. Launches Kickstarter Campaign for Smart Device Aimed at Performing Daily Functions with the Click of a Button.

CLEVELAND, OH — June 3, 2015 — Pentasens, Inc., creator and developer of smart phone-compatible devices and applications, will begin its Kickstarter campaign today for its gadget, COOPY, a small, hand-held tool which provides users with a solution to complete multiple functions by simply clicking a button. “With the ever-growing demands of our day-to-day schedules and the potential danger of ...

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