Istrabenz

Istrabenz
public company
Industry Conglomerate
Founded 1948
Headquarters Koper, Slovenia
Key people
Igor Bavčar, CEO
Revenue Increase US$941 million (2007)
Number of employees
4,722 (2007)
Website www.istrabenz.si

Istrabenz is a Slovenian holding company, one of the largest in Slovenia with a total of 73 companies under its management.

Activities

History

Istrabenz entered the Ljubljana Stock Exchange in 1997.[1]

Istrabenz financed the growth of Openad until the holding ran out of cash in 2008.[2]

From 2002 to 2009, the company was headed by Igor Bavčar, Slovenia's former interior minister.[3] In September 2009, Igor Bavčar was detained on suspicions of corruption and money laundering while he was head of Istrabenz.[4]

In July 2010, Istrabenz sold major food manufacturer Droga Kolinska to Atlantic Grupa for €382 million.[5][6]

In September 2015, Istrabenz sold the Kempinski Palace Portorož for $25 million.[7] In March 2016, Istrabenz Turizem sold the Grand Hotel Adriatic in Opatija to Croatian company Teri-trgovina as part of a disinvestment program.[8]

In June 2016, Istrabenz sold the remaining 51% it held in Istrabenz plini (gas subsidiary) to Italian SIAD.[9]

References

  1. "Elements acquires debt claims of Istrabenz Holdings". Elements-capital.com. June 2015. Retrieved 2016-07-06.
  2. Andrew Cave (5 November 2014). "How Business Leaders Can Use Fatigue And Depression To Their Advantage". Forbes.com. Retrieved 2016-07-06.
  3. Primož Cirman (31 March 2009). "Maratonska seja zaključena: Igor Bavčar odstopil z mesta predsednika uprave Istrabenza". Dnevnik.si (in Slovenian). Retrieved 2016-07-06.
  4. Sukhpreet Manchanda (9 September 2009). "Slovenian police detain two former managers on corruption charges". Topnews.in. Retrieved 2016-07-06.
  5. Neil MacDonald (6 December 2010). "Profile: Atlantic Grupa". Ft.com. Retrieved 2016-07-06.
  6. "Droga Kolinska je last hrvaškega Atlantic Grupa". Mladina.si. 1 July 2010. Retrieved 2016-07-06.
  7. "Portoroški hotel Kempinski prodan za 25 milijonov evrov". Rtvslo.si (in Slovenian). 11 September 2015. Retrieved 2016-07-06.
  8. "Slovenia's Istrabenz unit completes sale of Grand Hotel Adriatic Opatija to Croatian company". Seenews.com. 29 March 2016. Retrieved 2016-07-06.
  9. "Istrabenz offloads gas subsidiary". Sta.si. 13 June 2016. Retrieved 2016-07-06.

External links

This article is issued from Wikipedia - version of the 8/22/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.