State Run Funds Selling Stakes in Almost 100 Companies
Ljubljana, 16 March
The state-run KAD and SOD funds, and the DSU management and consultancy enterprise on Friday published an invitation for bids for their shares in 96 companies, among them printworks Cetis, Slovenia's largest dairy Ljubljanske mlekarne and chemical company Cinkarna Celje.
KAD and SOD are selling a 11.94% stake in Ljubljanske Mlekarne, a 15.28% stake in Cetis, a 33.47% stake in Cinkarna Celje and a 12.94% stake in clothes manufacturer Mura. The funds were joined by the DSU in the sale of the stakes in chair manufacturer Stol (89.84%), and vehicle producers Tovarna vozil Maribor (TVM) (81.67%). Also being sold is a 24.04% stake in the Central Securities Clearing Corporation (KDD) and separate 1.03% stakes in power producers Savske elektrarne and Soske elektrarne. Bidding is open to Slovenian and foreign persons and companies and closes at noon on 7 May.