Sweden - Southeast Europe News Site

Sweden - Southeast Europe News Site

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to the news site of the Chamber of Commerce for Sweden - Southeast Europe in cooperation with Business Sweden and Governments and Organisations in SEE.

Invitation - Building partnerships between Slovenia and Sweden

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Mon, June 19, 2017 23:51:23
The Slovenian Embassy in Copenhagen is in cooperation with Business Sweden organizing an event "Building partnerships among Slovenia and Sweden in the area of e-health and e-government", which will take place on June 27, 2017 in the premises of Business Sweden in Stockholm.
Members of the Chamber of Commerce Sweden - Southeast Europe are welcome to attend the event 9.30 until 12.00 and afterwards for a light lunch with networking.. If interested please reply to Špela Vojčič at the Slovenian embassy via email spela.vojcic@gov.si.

The programme of the event:
10.00 -10.30 Opening & Welcoming remarks

- H.E. Mr. Karl Erjavec, Minister of Foreign Affairs, Republic of Slovenia
- Moderator: Ms. Lena Sellgren, Chief Economist, Business Sweden
and Business Sweden’s Chief Economist Lena Sellgren will place the developments in Slovenia and Sweden in a Global context.

10.30 – 12.30 ICT sector, E-Government and E-health

- Mr. Gorazd Mihelič, Director, SPIRIT Slovenia - Public Agency for Entrepreneurship, Internationalization, Foreign Investments and Technology – Presentation of business and investment climate in Slovenia, opportunities to foster mutual cooperation and first hand experiences of Swedish companies in Slovenian market (15 min)

- Mr Niklas Lundin, Investment Advisor, Investment Area ICT & Tech, Business Sweden (15 min)

- Mr. Andrej Kotar, Presentation of Zitex, Association of Slovenian export-oriented ITC companies (15 min)

- Mr. Domen Božeglav, Minister's Office, Ministry of Public Administration-Presentation of Slovenia as Green Reference
Country in Digital Europe and project proposal 5G PPDR (15 min)

- The Swedish Post and Telecom Authority (PTS) (name to be confirmed) (15 min)

- Mr Ulf Runebeck, Director Security and Defence, Business Sweden (15 min)

- Mr Hans Winberg, Acting CEO, Swecare Foundation (15 min)

12:30 Mingle with light lunch







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Can Sweden`s ”Bad Bankers” save the Banks in Slovenia?

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Thu, June 20, 2013 10:47:47

Swedes seem to be popular advisers in Slovenia these days. Particularly in the finance world, where Slovenian finance ministry has appointed Carl-John Lindgren, Arne Berggren and Lars Nyberg as directors in the Bank Assets Management Company (BAMC). BAMC has been established after the Swedish model Securum, which was created during the Swedish financial crisis in the early 1990´s with the only goal to take over and administrate bad loans from the Swedish banks. Both Berggren and Nyberg where instrumental in Securum, which now is seen as a raw model for saving banks in many countries during the current financial crisis.

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Slovenians threatning to sue Swedes over salami blunder

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Sat, April 27, 2013 12:32:17
According to a news flash from the Slovenian Press Agency, the Slovenian food company Košaki is threatning to sue the Swedish National Food Agency (Livsmedelsverket),because they have been wrongly accused of selling halal salami that contained pork. According to the news, Košaki says it will sue the Swedish lab that did the preliminary tests for at least EUR 450,000 in damages.

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Next Eurozone country to require a bailout?

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Sat, April 20, 2013 21:11:16

Slovenia must immediately take action to restructure and privatise its banks and shore up public finances if it wants to avoid becoming the next Eurozone country to require a bailout, EU Economic and Monetary Affairs Commissioner Olli Rehn said in a Reuters interview.

Slovenia is back in recession, with a banking system that is coming part under the burden of bad loans worth about EUR7bn, or 20% of GDP, mostly at state-controlled banks. There's been a political crisis too as politicians squabble over the reforms necessary to put the country's finances in order. More here.

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Slovenia to sell off the family silver

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Wed, February 13, 2013 18:16:35
The Slovenian government 6 February adopted a classification of investments that will be put up for privatisation, IHS Global Insight reported. Among the state-owned companies up for grabs will be telecom provider Telekom Slovenije, banks Abanka and Nova Ljubljanska Banka (NLB), and energy company Petrol. The plan still needs to obtain parliament's approval before it can be implemented. Slovenia is currently in the midst of a political crisis, with two coalition partners already leaving the government, depriving it of its majority. Balkans.com has more here.

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Moody's cuts Slovenia govt rating to Baa2 from A2

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Fri, August 03, 2012 11:05:47
Aug 2 (Reuters) - Moody's Investors Service on Thursday cut Slovenia's government bond rating to Baa2 from A2, just two notches above junk, on worries about the country's banking system and rising vulnerability to shocks. "The negative outlook reflects Moody's view that the sovereign's funding challenges and risks from the financial system remain substantial," the rating agency said in a statement. "The deteriorating macroeconomic environment amplifies this risk and opens the possibility that external assistance may be required," the statement read.

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Slovenia - next in line?

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Wed, August 01, 2012 21:57:31

"If eurozone countries were a class of schoolchildren, Slovenia would probably sit in a middle row: quiet and generally agreeable. But even well-behaved students can run riot", writes Financial Times in this critical report of the small population country that just may be the next recipient for a bailout aid. Read the full FT article here.

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Inbjudan till Slovensk-Svensk Affärskonferens i Stockholm

SloveniaPosted by Uvner Business Consulting Mon, October 31, 2011 00:08:15

Den 10 november träffas slovenska och svenska företag på affärskonferens i Stockholm. Konferensen är ett samarbete mellan Sloveniens Utrikesministerium och Myndigheten för Entreprenörskap och Utländska Investeringar i Republiken Slovenien tillsammans med representanter från Svensk Handel, Handelskammaren för Sverige-Sydosteuropa och Utrikesdepartementet.
Konferensen kommer att omfatta följande branscher: Mekanisk industri, Livsmedel, Läkemedel, Foderproduktion, Bevaknings- och Säkerhetsföretag, TV- och Filmproduktion, Handel, Flygteknik och Service.
Intresserade företag hittar inbjudan här samt mer om de deltagande slovenska företagen här.

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Bonnier Group may buy Slovenia´s daily newspaper Delo

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Wed, September 07, 2011 16:50:05
According to bne-news recently, Sweden´s Bonnier group is bidding for Slovenia´s daily newspaper Delo, part of the fast falling Srot empire. According to the news Bonnier may team up with the former competitor Axel Springer to see the deal through.

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Slovenian Gorenje buys Swedish Asko Appliences

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Thu, July 29, 2010 09:22:06

According to a pressrelease today, the Slovenian manufacturer of washing machines, dishwashers and other household appliances are buying its Swedish competitor Asko Appliances. Asko has its headoffice in Vara, employs 850 employees in Scandinavia and turns over 220 million Euro.

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Crisis Still Here, But Positive Trends Seen, Slovenian Banker Says

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Wed, June 16, 2010 21:48:05
Maribor, 9 June (STA) - One of Slovenia's most respected bankers has said that while economic data for the first quarter are not promising, showing that Slovenia dipped into recession again, there were positive trends to be seen both at home as well as abroad. France Arhar added that banks still had money for good projects.
It is clear that the crisis is persisting, the chairman of Unicredit banka Slovenije told a financial conference organised by the Chamber of Craft and Small Business on Wednesday. But he said strong economic news from Germany was a good omen for the Slovenian economy.
"Last year the prevailing opinion was that Slovenian banks suffered from a credit crunch...which was coupled with major drops in exports and imports," said the former governor of Banka Slovenije. Despite the uncertain conditions, Arhar said that banks have sufficient funds to finance good projects.
The main problem facing Slovenian companies is the high share of debt on their balance sheets. Ownership capital amounts to only 23% of all capital of companies, while the debt of Slovenian companies to banks amounts to EUR 20bn. "The biggest issue is not a shortage of money, but the high indebtedness of many companies..which limits their ability to take on new debt."
More of the latest Slovenian info can be found here.

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Slovenia to Sign OECD Accession Treaty on 1 June

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Wed, May 26, 2010 21:07:54

Ljubljana, 12 May (STA) - Slovenia will join the Organisation for Economic Cooperation and Development (OECD) at a ministerial meeting in Paris on 27 May, but the accession treaty will be signed in Ljubljana on 1 June, the Government Communications Office said. The treaty will have to be ratified by the Slovenian parliament and the procedure will wrap up with a special OECD resolution.
The ratification procedure has already started, as the parliament's Foreign Affairs Committee rubber-stamped the ratification law on Wednesday.
Along with Israel and Estonia, Slovenia was formally invited to join the OECD on 10 May.
Read more Slovenia news here.

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Gorenje Seeking to Acquire Sweden's Asko

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Wed, May 26, 2010 20:51:35

Velenje, 13 May (STA) - Household appliances maker Gorenje is planning to acquire Swedish rival Asko, business daily Finance reported on Thursday. The Slovenian firm would neither confirm nor deny the report, but Asko said it was indeed in talks with Gorenje.
Gorenje board member Mirjana Dimc Perko confirmed for Finance that the company was looking to acquire a "maker of high-end laundry appliances", but the company would not comment on any details for the STA. Asko, however, confirmed for Finance that it was in takeover talks with Gorenje. "We are indeed in the middle of talks, but I cannot say more," the paper quotes Asko spokesperson Lotta Walngdahl as saying.

Asko is part of the bankrupt Italian group Antonio Merloni, which has been up for sale since mid-2009. According to Finance, the company has 900 employees and exports 80% of its production. The news comes just weeks after Gorenje announced a capital rising in a bid to secure money for acquisitions.
The proposal for a EUR 9.4m capital increase provided by the International Finance Corporation (IFC) and EUR 6.3m from existing shareholders will be put to shareholders at the 28 May annual general meeting. The purchase of Asko would be the third major foreign acquisition for Gorenje, which bought Czech rival Mora Moravia in 2004 and Dutch appliance maker Atag in late 2008.
Gorenje posted a net profit of EUR 517,000 for the first quarter of 2010, up from a loss of EUR 14.7m a year ago. Sales were up 1.5% to EUR 291m.

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Slovenian constitutional court approves border deal with Croatia

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Sun, April 04, 2010 21:51:42
The Slovenian constitutional court ruled that the arbitration agreement with Croatia over a border issue that complicated the latter's bid to join the EU complies with the country's constitution and can be signed, newswires reported. The deal on the border issue was signed in November by PM Jadranka Kosor and her Slovene counterpart PM Borut Pahor, but the opposition parties in Slovenia disagreed with the deal and PM Pahor asked the constitutional court to rule.

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Slovenian Cable TV operator selects Swedish Transmode for metro and backbone network

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Thu, November 26, 2009 20:42:31
Transmode, a Swedish leading provider of optical networking solutions has announced that Telemach, the primary provider of cable TV, telephony and broadband internet services for Slovenia has upgraded parts of its national network with Transmode WDM equipment. Read the Transmode press release here.

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Slovenia signs Russian gas deal

SloveniaPosted by Chambers of Commerce Sweden - Southeast Europe Sun, November 15, 2009 11:51:10

Slovenia has signed a deal with Russia for a massive gas pipeline from Russia to Europe to run through its territory.
The South Stream accord was signed by the Slovenian and Russian cabinet ministers in Moscow. Russian Prime Minister Vladimir Putin said Moscow now had deals with all the key European partners in the project.
South Stream - which is scheduled to be completed by 2015 - is in competition with a European Union-backed pipeline - Nabucco.
Bulgaria, Serbia, Hungary and Greece have alrady agreed to take part in South Stream, which will deliver gas from Central Asia and Russia to Central Europe and Italy through the Balkans.
The EU imports a quarter of its natural gas from Russia, mostly via Ukraine. But disputes between Kiev and Moscow have disrupted supplies to Europe in recent years. (BBC News, Nov 15)

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