15 October 2019
  • 11:51 Top Events in october
  • 11:04 HOT TOPICS in September 2019: North Macedonia and Albania get green light from German parliament; Croatia expects to join Schengen soon; Sarajevo holds its first Pride parade; EBERD wants to invest in Bosnia’s wind farms; Dubrovnik to introduce cruise tax; Kosovo’s instability keeps investors away
  • 12:21 Multilateralism is crucial but it is at risk
  • 11:29 Another luxury gem opens its doors on Montenegro’s coast

Slovenia has received three binding bids for the 100% stake in state-owned lender Abanka, including an offer from Serbia’s AIK Banka, Slovenia’s daily Finance reports. Other bidders include Hungary’s OTP Group and US investment fund Apollo. The deadline for placing binding bids expired on March 19. Apollo already owns Slovenia’s second largest bank, Nova KBM while this week AIK Bank completed the acquisition of Gorenjska banka, acquiring 90.11% ownership stake. Currently, Gorenjska banka has a 5% market share in Slovenia. The bidders’ offers remain unknown. The book value of Abanka’s share at the end of September last year (the last officially published data on business) amounted to EUR 37.83. The bank’s total capital based on the book value is just over EUR 571m. In 2013, the Slovenian government had to recapitalise Abanka with EUR 348m, becoming its sole owner. Slovenia’s state holding company (SDH) initiated the sale of the bank back in October last year.

China’s bus manufacturer to make e-buses in Serbia 

Yinlong Group, Chinese bus manufacturer plans to start making electric buses at Ikarbus factory in Serbia, Aleksandar Vicentić, the managing director of Ikarbus, said on Friday. The company is in the process of acquiring 51% of Ikarbus through its subsidiary Lanzhou Guangdong New Energy Automobile (LGNEA). Dragan Stevanović, state secretary at the economy ministry, said on Thursday that Yinlong Group has repaid the outstanding debt of Ikarbus and will soon take control of the company. Ikarbus operates a factory in Belgrade’s urban municipality of Zemun with a manufacturing capacity of 250 vehicles per year. The company currently produces low-floor and articulated city buses, as well as intercity buses.

Adriatic Journal


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.